since we entering fcpo-june, fcpo price has been trading in sideway position, still indecisive of the trend. basically, the price has broken below the critical support of 3830-3880 support level, thus, it is in downtrend... however, it is not directional in any significant way...juz goes up a little higher, then a little lower... so now it has entered a boring "sideway" market... probably waiting for appearance of advanced pattern...advanced pattern is very rare in fcpo, juz a mere 6-8 trades in a year! yes, it is so rare that I basically give up trading advanced pattern in fcpo...but if it appears, I can still pinpoint them to u... u know, juz for case study...
*plan your trade and trade your plan... gud luck*
resistance : 4062 - 4176
support : 3830-3880
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!
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