Crude Palm Oil Futures
Corto
Actualizado

FCPO: Retracement confirm

If the market closes with a red candle, confirming a retracement, execute a short position with the following plan:

Cut Loss (CL): 4051
Take Profit 1 (TP1): 3950
Take Profit 2 (TP2): 3815
Take Profit 3 (TP3): 3740

Expect TP1 (3950) to be reached during the night session. If strong momentum persists, TP2 (3815) may be achieved within 2-3 days. A minor retracement might occur before the price descends to TP3 (3740), likely before Friday’s session close.
Operación activa

Maintain the short position as the current pattern indicates the retracement is still in progress.
Nota
Revise the stop level to 4044. If the price closes above 4044, exit the position to protect capital.
Operación activa

The position remains open as the price closed at 4043. Continue holding the position.
Operación cerrada: precio stop alcanzado
CL price close > 4044

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