FCPO TRADING : 85) a possible false breakout...

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hi, this is trade 85) frm haidojo trading. fcpo-oct has emerges and becomes the new active month...so if you have traded fcpo long enuf, u must know then onli trade the third active month...the resistance 2560 has officially not broken yet...so we wait for :
1) IF the price move back to retest the 2560 and failed, THEN we have a Double-Top formation, indicating short
2) IF there is a gap down today or tmr, THEN the 2560 candlesticks yesterday has become a "lone island", forming some kind of head...so we can still go for short...
3) IF price juz settles calmly near 2474-2480...THEN rebound...go for long, nothing has changed...uptrend persists...


support level : 2475-2480

resistance : 2560

higher resistance : 2630

WARNING : this is solely for educational purpose onli, it is not an indication of buying nor selling therefore trade at your own risk...


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a lot of typo error lately, a Double-Top formation happens at 2570-84, NOT 2560...

harap maaf...sori for typo...
Chart PatternsfalsebreakoutfcpoFCPO1!formationheadgapdowngapupfillHEADTechnical IndicatorsTrend Analysis

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