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ArifHasbollah
23 фев 2023 г., 02:05

FCPO 23 Feb 2023 : Reaccumulate or Distribution? 

Crude Palm Oil FuturesMYX

Описание

Yesterday :
1. As expected, price test nearest resistance before going down to test EMA50 30min.
2. Night session price back up again and we notice the volume is diminishing.
3. Notice BCX and AR before ST forming last night's session.
4. Trading in range before UT/UTAD or Spring appears.

5min :
1. MS : sideway structure
2. EMA : EMA12 above EMA50 = uptrend
3. Price above EMA50 = uptrend
4. MACD : Bearish divergence = Good tools to trade in the range.

Комментарий

Reject mid channel..
Retest 236 level
See if price reject 236 level

Комментарий

SW behavior..
If Sell High, less risk

Комментарий

Today still dont have structure.
Since bias to go lower, wait for MS SELL to appear
Комментарии
shansun
thank you
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