*FCPO* Week 06 – 2021

The trend is rebound continuation! This weekly candle is a bullish candle. MACD histogram forms the 4th bar below zero. This week the market close at 3558.

The MA9 crosses up the MA16 line and the confirmation happened on 11th Feb 2021. The last trading day before Chinese New Year. We have place 2 Long entries on the open price of 11th Feb 2021, which is 3584. It is far away from the recent low but we must follow the system! The CutLoss set at 3550 while the first profit target 3600. This order is still alive and holding.





Order status: Long April 2021 at 3584, CutLoss 3550, Profit Target 3600.

 

FCPO Weekly Chart (Week 06 – 2021)
FCPO Weekly Chart (Week 06 – 2021)

 

FCPO Daily Chart (Week 06 – 2021)
FCPO Daily Chart (Week 06 – 2021)



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