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03/08/2021 FCPO ELLIOTT WAVE ANALYSIS

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MYX:FCPO1!   Crude Palm Oil Futures
Assalamualaikum and hi Traders!

As for now, there is no sign of bottom for the downward movement on yesterday session.
I'll stick with the bear for now until the end when it bends.
Retracement or a beginning of a new trend?
I don't know. Let the market decide.

Embrace the probability
Trading is a business based on probability.
Never certainty.

Happy Trading

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