Dec02: FCPO (1D) - Bullish Flag Target Pointing to 3.6-3.7k ๐ฎ
CPO price consolidated past 1-2weeks, forming a nice launchpad towards higher price levels -- Bullish Flag pattern. ๐๐
Price still running in a mid-term up-channel, with an upside target zone: 3.5-3.6k & 3.7k; similar to which suggested by the flag.
๐Overhead Resistance: 3.4k, 3.5k, 3.6k, 3.7-3.8k
โ๏ธPrev idea still largely intact, only now with added bullishness from potential flag formation.
โ๏ธโ๏ธLongterm Outlook: R1 standing, Heading to R2
In long position for cpo, likely to be my closing trade for yr2020 local futures~ ๐โญ๏ธ
Happy Hunting! ๐ฅ๐
-jk-
Price still running in a mid-term up-channel, with an upside target zone: 3.5-3.6k & 3.7k; similar to which suggested by the flag.
๐Overhead Resistance: 3.4k, 3.5k, 3.6k, 3.7-3.8k
โ๏ธPrev idea still largely intact, only now with added bullishness from potential flag formation.
โ๏ธโ๏ธLongterm Outlook: R1 standing, Heading to R2
In long position for cpo, likely to be my closing trade for yr2020 local futures~ ๐โญ๏ธ
Happy Hunting! ๐ฅ๐
-jk-
์ฐ๊ด ์์ด๋์ด
