Reaching its first 1% floating profit at 2159, the hourly indicator Y long 2137 can now look at the 2% floating profit at about 2180 (it may or may not reach, it is used as a target only).
There will be no stop and reverse sell trade signal given in this or next few updates since the stop and reverse sell signal is far below the long 2137. Based on the hourly indicator Y trading guides, the losses will be great if cpo futures prices is flushed down below 2137 since the stop and reverse sell signal is very far below the 2137.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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