السلام عليكم
Hi traders,
CPO ended higher on Friday at 3015lvl with low volume traded. Likely bears may tests 2850-2900 if CPO can sustain below 2950lvl. Otherwise it may continue for correction. Upside tone may develops if open >3020 and close >3050. CPO may downside bias if open <3005 and close <2990. I'm expecting CPO may play 3050-3000 today. Please take your position nicely...
CPO ended higher on Friday at 3015lvl with low volume traded. Likely bears may tests 2850-2900 if CPO can sustain below 2950lvl. Otherwise it may continue for correction. Upside tone may develops if open >3020 and close >3050. CPO may downside bias if open <3005 and close <2990. I'm expecting CPO may play 3050-3000 today. Please take your position nicely...
MAJOR TREND: DOWNTREND
SENTIMENT: BEARS
CORRECTION/RETRACEMENT: Yes
GOLDEN TIP:
1. LONG at lower level
Note: Don't believe me, please believe your self. This setup was from my perspective only.