The hourly indicator Y short 2223 is really struggling on its short position since cpo futures prices is kept trading above its selling level.
Based on the hourly indicator Y trading guides, the 6pm stop and reverse buy trade signal will be triggered once cpo futures price is closed above 2265 at 6pm one hour from now today.
This is without taking into any consideration of higher high lower low data which may affect the SAR trade signal and also other unforeseen circumstances that will be very hard to explained in this blog.
The Basic of Crude Palm Oil Futures Trading On Bursa Malaysia Derivatives Based On Technical Analysis.
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