FCPO - Entering Supply Zone Again
FCPO now is entering the supply zone once again after climbed more 1000 points after rebounded on May 2020. This zone has been visited 3 times in late 2016, beginning of 2020 and here in present.
A V-Shape accompanied with a bearish harmonic deep crab may witness the upward trend could be stalling. Price action plays the crucial role to determine the price will be rejecting in the supply area.
A short opportunity if price reject in the potential reversal zone (Light Blue Box), may give a potential 1st target to visit 2596 area with a stop of 3233
Eagerly awaiting for this potential event.
A V-Shape accompanied with a bearish harmonic deep crab may witness the upward trend could be stalling. Price action plays the crucial role to determine the price will be rejecting in the supply area.
A short opportunity if price reject in the potential reversal zone (Light Blue Box), may give a potential 1st target to visit 2596 area with a stop of 3233
Eagerly awaiting for this potential event.
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