Crude Palm Oil Futures

Trading Plan 29/3/2023 FCPO

81
Main Trend: Bearish with major resistance
Short Term Trend :Bullish (Double bottom in 1H)

Trading Plan:

• Short –
o If price fail to break above Daily R2-R1 range, TP1:3690 TP2:3650 SL:3770
o If price gap down and break below 3600, TP1:3560 TP2:3520 SL:3650

• Long –
o If price gap down but fail to break 3600 TP1:3690 TP2:3730 SL:3610
o If price gap up and maintain above 3780 TP1:3840 TP2:3900 SL:3730
o
Disclaimer: This is just my IDEA on the market, not a suggestion to open any trade. Please do not follow without any personal due diligence on the market

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