Will it be the 4th losing trade? The hourly indicator Y long 2259 suffered another floating loss at yesterday close 2245 after hitting high 2270. It is also carrying on the painful losing long position at the close 1230pm today as high as 29 points of losses against the low 2220.
The hourly indicator Y long 2259 is still finding no stop and reverse sell trade signal at 4pm later today. However, if cpo futures price is kept trading low at 4pm, we may probably see the stop and reverse sell signal at 5pm. This is without taking into any consideration of unforeseen between 3pm and 5pm trade data collection.
Again, if cpo futures price is traded below 2211 at 4pm later today, watch up the important update that will be posted after 4pm because we may probably update the 5pm trade view and the stop and reverse sell trade signal.