السلام عليكم
Hi traders,
CPO ended lower on Tuesday at 2923lvl with low volume traded. Likely bears may tests 2850-2900 if CPO can sustain below 2950lvl. Otherwise it may continue for uptrend. Upside tone may develops if open >2950 and close >2980. CPO may downside bias if open <2930 and close <2910. I'm expecting CPO may play 2900-2950 today. Please take your position nicely...
CPO ended lower on Tuesday at 2923lvl with low volume traded. Likely bears may tests 2850-2900 if CPO can sustain below 2950lvl. Otherwise it may continue for uptrend. Upside tone may develops if open >2950 and close >2980. CPO may downside bias if open <2930 and close <2910. I'm expecting CPO may play 2900-2950 today. Please take your position nicely...
MAJOR TREND: DOWNTREND
SENTIMENT: BEARS
CORRECTION/RETRACEMENT: Yes
GOLDEN TIP:
1. SHORT at high level if open below 2920
Note: Don't believe me, please believe your self. This setup was from my perspective only.