Friday Trading Tip: Hoping of Bullish Tone

APRIL11 CONTRACT
 
Assalamualaikum...
Hi traders,

CPO ended lower on Thursday at 3655lvl. Another bearish candle formed. Is it bears will continue or bulls will start to kick-off? Let we see today..... CPO seems to test back  3650-3700 level. CPO may upside bias if open > 3650-3685 and close > 3700. It looks like CPO in bearish tone if below 3650. If open below <3640 and close <3620  the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3700lvl, the trend may continue for strong bullish tone towards 4000. I'm expecting CPO may play 3640-3700 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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Crude Palm Oil Ends Up On Edible Oil Trend, India Demand Hopes | Palm Oil HQ

Thursday Trading Tip: Expected Bullish if Breaks 3700

Assalamualaikum...

Hi traders,

CPO ended lower on Tuesday at 3650lvl with high volume traded. Another bearish candle formed. Is it bears will continue? CPO seems to test  3650-3700 level. CPO may upside bias if open > 3665-3700 and close > 3700. It looks like CPO in bearish tone if below 3650. If open below <3650 and close <3620  the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3700lvl, the trend may continue for strong bullish tone towards 4000. I'm expecting CPO may play 3620-3700 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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Wednesday Trading Tips: Bears tone vs Bulls tone

Assalamualaikum...

Hi traders,

CPO ended lower on Tuesday at 3703lvl with high volume traded. Another bearish candle formed. Is it bears may take place? CPO seems to test  3700-3750 level. CPO may upside bias if open > 3735-3750 and close > 3750. It looks like CPO in bearish tone if below 3750. If open below <3720 the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3800lvl, the trend may continue for strong bullish tone towards 4000. I'm expecting CPO may play 3680-3750 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

Tuesday Trading Tip: Expected Bearish Tone, May Have Pullback

Assalamualaikum...

Hi traders,

CPO ended lower on Monday at 3730lvl with high volume traded. Another bearish candle formed. CPO seems to test  3700-3750 level. CPO may upside bias if open > 3770-3785 and close > 3780. It looks like CPO in bearish tone if below 3750. If open below <3750 the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3800lvl, the trend may continue for strong bullish tone towards 4000. I'm expecting CPO may play 3700-3780 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents

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Monday Trading Tip: Expected Sideway

Assalamualaikum...

Hi traders,

CPO ended lower on Friday at 3761lvl with high volume traded. CPO seems to test back 3750-3800 level. CPO may upside bias if open > 3760-3780 and close > 3780. To sustain it momentum CPO must above 3850. If open below <3750 the bearish tone may take place. Major trend is upside bias with pullback corrections. If CPO breakout 3900lvl, the trend may continue for strong bullish tone towards 4000. I'm expecting CPO may play 3720-3780 today. Pls take your position nicely...

Happy trading & Wassalam...

Just my 2cents