Since 4pm was traded 2210 in cpo futures trading on Bursa Malaysia Derivatives, the 60-minute indicator Y is now having some good floating profit while facing a very low stop and reverse sell trade signals below 2150 for its 5pm and 6pm.
Since the 60-minute indicator Y is adjusting its stop and reverse trade signal lower, it is believed that the long 2180 will hold on until after MPOB figures tomorrow.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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