FCPO TRADING : 279) uptrend is facing a possible reversal

this is haidojo and the number is 279 ...

after almost one month of absent, finally I come back with some discovery...it is possible a reversal signal for fcpo...! after retesting the high of 4060-4100 failed, fcpo-july has been facing some selling pressure today...at closing, it has dropped more than 100pts frm its peak at 4084!
and we can see a formation of bearish engulfing candle in daily chart... let's look at what will happen on Monday to decide...if the support 3875-3900 holds, it is possible to rebound...or else it will fall lower to the next level at 3650-3700...

*plan your trade and trade your plan... gud luck*

resistance : 4066-4090

support : 3875-3900

lower support : 3650-3700

WARNING!
RISK DISCLAIMER
: this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
Candlestick AnalysisCPOfcpomalaysiafuturesmarketmalaysiastockmarketPivot PointsSupport and Resistance

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