*FCPO* Week 11 – 2018

Update 14-March-2018: The Short position was liquidated during yesterday (13th March 2018) at price 2400. It bagged us a profit of 78 points. The Result  page is updated.

 





Weekly trend showing down trend by indicator. MACD did not cross but move down. Weekly ending at 2374. This week market continue to be surprised by India CPO tax raises!

 

The market move is very bearish for the this week price action and candle formation. Our entry on 6th March 2018 is in profit for 102 points at the day of closing. A trailing stop is set at 2400 to protect profit.

 

FCPO Weekly Chart (Week 11 -2018)

 

 

FCPO Daily Chart (Week 11 -2018)



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