22/11/2019
*FCPO Feb 20*
Previous Close: 2667 -18
FCPO retreated from above 2700 level on technical selling. Dalian palm olein drop nearly 1% this morning, FCPO may gap down and test support level.
4H chart formed higher highs & lows, more to bullish, but be cautious of potential bearish divergence.
*Classic Support & Resistance*
Resistance: 2710 2760
Support: 2600 2560
*Recommend Trading Plan for the day:*
1. Sell 2655, stop 2663, profit 2647/2639/2631
*FCPO Margin Requirement*
Overnight MYR 3000
Disclaimer: For idea sharing only, trade at your own risk
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