*FCPO* Week 19 – 2018

Weekly trend resume bearish. Weekly candle is full body black candle and MACD Histogram has form a longer bar below zero. Weekly ending 2340. More downside to come!

 





The Daily chart showing EMA 9 crossed down EMA16 on 16th April 2018. It continue to trade in the same direction. Our order remain intact.

Order status: Short 2394, Jul 2018 contract. TP: 2350, 2300. CL: 2450.
The entry is in profit now. It hit the first profit target, a Trailing Stop at 2350 is set by now, we will continue to move lower as it go on. This is “let the profit run”!

 

FCPO Weekly Chart (Week 19 – 2018)

 

FCPO Daily Chart (Week 19 – 2018)

 

 




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