*FCPO* Week 31 – 2019

Weekly trend is pullback from high, MACDH continue to form the 14th bar below zero. We are yet to reach to reversal yet until we close above 2100. Weekly closed at 2062.

 





MA 9 has crossed up above MA16. TKM v1.1 had triggered the LONG entry during 23rd July 2019, Open price 1982, CutLoss set at 1950, Trailing stop set at 2020. The market hit a resistance at 2070-80 area, next week FCPO has to bring above it to continue the upward move.

 

Order status: Long FCPO Oct19 contract at 1982, Traling stop set at 2020, Profit target 2080-2100.

 

FCPO Weekly Chart (Week 31 – 2019)

 

FCPO Daily Chart (Week 31 – 2019)



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