I will not know what will be the cpo futures price at 4pm later today, but it is for sure that the hourly indicator Y will have to do a stop and reverse sell trade once 4pm today is traded below 2308 which is yesterday settlement price.
The long 2137 based on the hourly indicator Y trading guides will take much lesser profit and we shall see what is the profit after 4pm later today.
Unless cpo futures price can go above 2308 at 4pm today, it will be a sell day for the hourly indicator Y.
If crude oil 77, palm oil 2205!? (check previous few posts)...Possible?
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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