FCPO WEEK 52 2024: BEARISH.FCPO is bearish. This is a short week and I'm expecting price to make a retracement before proceeding lower. So it is bearish this week and probably it would be bearish as well going into next week.
FCPOV2019 trade ideas
FCPO WEEK 51 2024: BULLISH.A retracement followed by a bullish key reversal and an inside bar candle usually a good indication that price would continue higher. Thus next week I'm expecting a higher price for FCPO and TP should be around 5200. However if price failed to move forward beyond the area of 5065 then there is a possibility that price might go lower. For now it is bullish.
FCPO Daily Analysis for 9 December 2024: Bullish Momentum BuildsFCPO market on 9 December 2024 reinforced its bullish trajectory, offering opportunities for both swing and intraday traders. With strong support levels holding firm and visible resistance zones being tested, tomorrow’s trading session could provide high-probability setups. By leveraging technical analysis and adhering to sound risk management principles, traders can navigate the market with confidence.
Whether you’re targeting swing trades or quick intraday scalps, the FCPO market continues to exhibit promising potential as it marches toward year-end. Stay vigilant, remain disciplined, and trade with a plan.
See full analysis on Master FCPO Trading website.
Spot bullish to close the daily gapNearest area exactly thats daily gap ,
consider pullback in S30 area ,
daily range is +-100ticks with bull weight
FCPO Daily Analysis for 4 December 2024 - Breaking BarriersFCPO market on 4 December 2024 demonstrated exceptional bullish strength, with price action aligning across all major timeframes. From the daily trend’s continuation to the 1-hour breakout above key resistance and the 5-minute intraday momentum, today’s market was a masterclass in bullish technical analysis.
The underlying news of tightening supply and positive export data acted as the catalyst for today’s price surge. As we look ahead to 5 December, traders should stay focused on riding the bullish trend while maintaining disciplined risk management. Retracements to key support levels offer attractive entry opportunities, while the momentum indicates further upside potential in the coming sessions.
The FCPO market continues to offer exciting opportunities, and today was yet another reminder of the power of combining technical analysis with market fundamentals for informed trading decisions.
See full analysis from Master FCPO Trading website.
Insightful FCPO Daily Analysis for 2 December 20241. The FCPO market on 2 December remained bullish but faced strong resistance at key levels.
2. Intraday and swing traders should watch price action around the resistance for breakout signals.
3. Tomorrow’s strategy involves careful monitoring of technical levels and disciplined risk management.
Read full analysis from Master FCPO Trading website.
Bullish Insights: FCPO Daily Analysis for 29 November 2024Bullish Trend Remains Intact Despite Resistance:
The FCPO market maintains a strong bullish trend on the daily chart, with retracements providing potential entry opportunities for swing traders. However, the market is encountering an invisible resistance level, suggesting a temporary pullback.
Consolidation Signals Market Pause:
Both the 1-hour and 5-minute charts highlight consolidation zones as prices react to resistance levels. This pause indicates indecision in the market, presenting a chance for traders to wait for clearer breakout or retracement signals.
Strategic Planning for Tomorrow’s Trades:
Traders should monitor key support zones for potential long entries and stay cautious during consolidations. A focus on risk management, such as adhering to a 1:2 risk-reward ratio, will be crucial in navigating tomorrow’s market conditions effectively.
See full analysis from Master FCPO Trading website.
FCPO WEEK 50 2024: BULLISH.It is still bullish. It is expected that the price will continue higher or at least tested the 5200 price level. There are 2 options. It will either go ahead bullish on opening next week (OPTION1) or making a retracement to fill in the 4hr GAP and then continue higher (OPTION2). OPTION 2 is the preferred price action.
Catchy Title FCPO Daily Analysis for 28 November 2024: Bullish FCPO market on 28 November 2024 showcased remarkable bullish momentum across daily, hourly, and intraday charts. Buyers dominated the market, supported by favorable technical setups and macroeconomic tailwinds.
As the market approaches critical resistance levels, traders should remain vigilant. Intraday participants can capitalize on clear support levels, while swing traders should prepare for potential pullbacks near resistance.
With no immediate signs of reversal, the FCPO market retains its bullish outlook, making tomorrow another promising day for strategic opportunities. Stay disciplined and adaptable to market dynamics for optimal results.
See full analysis from Master FCPO Trading website.
Market: FCPOG2025 (PALATAU ANALYSIS)Scenario: Accumulation Trading Range Identified
Methodology: Wyckoff Events and Indicators Analysis
Analysis Breakdown
The price appears to be forming an Accumulation Trading Range (ATR) on the 30-minute timeframe, highlighted by the blue box in the chart. However, current price movement suggests two possible scenarios:
Scenario 1: Short-Term Decline
Observation:
Price may first drop into a smaller Local Trading Range (yellow box) before continuing its upward or downward move.
Evidence:
Upthrust (UT) event detected, indicating a false breakout above resistance.
Indicators such as MACD, Stochastic, and RSI show bearish divergence, supporting the likelihood of a downward move.
Trade Plan:
Look for shorting opportunities within the smaller Local Trading Range.
Stop Loss: Above 4769 to limit risks.
Target Profit (TP): Around 4693, a strong support zone reinforced by a trendline. If price breaks below this, the next target would be 4626.
Scenario 2: Larger ATR Wyckoff Events
Observation:
Monitor the blue box area for price action confirming larger Wyckoff events (e.g., Upthrust, Spring).
Upside Movement:
If the price rises towards 4787 (resistance) but fails to break higher, look for an Upthrust Event to short.
Downside Movement:
If the price moves downward, watch for reactions at 4693 and 4626 support levels. If these levels hold and price reverses, this could signal an opportunity for long positions.
Key Levels to Watch
Resistance: 4787.
Support Zones: 4693 (primary), 4626 (secondary).
Indicators
MACD: Showing bearish crossover and divergence.
Stochastic Oscillator: Overbought conditions hinting at a potential decline.
RSI: Exhibiting divergence, adding to bearish sentiment.
Risk Management & Final Notes
Use smaller timeframes to refine entries and exits for tighter stop losses.
Maintain a cautious margin and adapt to new Wyckoff events as they appear on larger timeframes.
Disclaimer
This analysis is based on Wyckoff methodology and technical indicators. It is for educational purposes only and does not guarantee success. Always perform your own research and manage risks responsibly.
Bullish Momentum Builds: FCPO Daily Analysis for 26 November 202FCPO market on 26 November delivered a clear message: the bulls are in charge. From the daily timeframe's support zone validation to the intraday chart's steady breakout, all technical signals point to continued upside potential.
That said, the market never moves in a straight line. Traders should remain agile, using technical levels like the CPR pivot zone and the 4670 support as guides for their strategies. With careful planning and execution, tomorrow’s session promises to be another exciting opportunity in the FCPO market.
Key Takeaway: Stay bullish, stay disciplined, and always be ready to adapt to new information.
See full analysis from Master FCPO Trading website.
FCPO Daily Analysis for 25 November 2024FCPO market on 25 November 2024 highlighted a transitional phase. The daily timeframe's bullish trend is now facing resistance, while hourly and intraday charts reflect consolidation. While today's session lacked strong directional cues, this could pave the way for more significant movements in the days to come.
As traders, it’s crucial to adapt strategies to current market behavior. Stay cautious, remain disciplined, and prepare for potential breakouts or breakdowns as the market defines its next move.
Read full analysis from Master FCPO Trading website.
FCPO WEEK 48 2024: STILL BULLISH.FCPO is having a good retracement last week. Overall the trend is still bullish until proven otherwise. However I'm still expecting a bit more downwards before price settling to start a move a higher. A move below 4600 is a possibility next week. From there, depending on price action, the price might consolidate a bit before starting to move higher.
Overview of the FCPO Market on 22 November 2024Bearish Momentum Across All Timeframes
The FCPO market on 22 November 2024 exhibited strong bearish control across daily, hourly, and intraday charts. Breakdowns below key support levels and rejections at resistance zones highlight sellers' dominance.
Swing and Intraday Strategies Favor Short Positions
The technical analysis supports a short-selling approach, with entry opportunities near resistance zones (4,700-4,750). Targets for swing traders are around 4,600, while intraday traders can aim for 4,620, with tight stop-loss management above 4,800.
Potential Reversal Hinges on Key Support Levels
While the daily bullish trend isn't entirely invalidated, continued pressure from external factors like rising inventories and weak export demand suggests further downside. A reversal requires a confirmed bullish setup, which remains absent.
See full analysis from Master FCPO Trading website.
FCPO Daily Analysis for 21 November 2024: Drop and ReverseThe FCPO market on 21 November 2024 highlighted the intricate dance between trend-following strategies and counter-trend opportunities. While the daily chart hints at a pivotal moment for the broader trend, the hourly and 5-minute charts revealed the nuanced dynamics of intraday reversals.
As we gear up for tomorrow, staying vigilant around support and resistance levels will be crucial. With the right blend of patience and decisiveness, traders can navigate the next session effectively. Remember, the market rewards preparation and punishes hesitation—stay sharp and trade wisely!
Read full article from website Master FCPO trading.
FCPO Daily Analysis for 20 November 2024 - Bearish Run!Today’s FCPO market action underscored the importance of aligning with the dominant trend across timeframes. While the daily chart remains in a bullish structure, shorter timeframes paint a bearish picture, suggesting caution for swing traders and opportunities for intraday sellers.
As we move into tomorrow, traders should remain agile, focusing on pivotal levels and watching for potential reversal signs. With weaker export data adding to bearish momentum, the market may test lower levels before regaining strength.
The FCPO market is never static, and today’s price action was a stark reminder of how quickly sentiment can shift. Stay disciplined, follow your trading plan, and be ready to adapt as new patterns emerge.
Analysis of FCPOG2025 – Palatau PerspectiveCurrent price action suggests that FCPOG2025 is navigating through the Accumulation Phase, as outlined in the Wyckoff methodology. Key schematic events are marked on the chart to provide clarity.
1. Wyckoff Schematic Overview:
The sequence begins with the Selling Climax (SC) and progresses through a Spring/Shakeout (ST) phase, followed by an Automatic Rally (AR).
Recently, the price tested an Upthrust (UT) but failed to sustain momentum above the key resistance level of 4961, signaling potential bearish continuation.
2. Anticipated Price Movement:
With the failure at the UT, the price seems inclined to seek lower levels. A plausible downside target is the nearest support around 4799, where buyers may step in.
3. Entry Strategy:
To capitalize on this movement, traders should identify a Local Trading Range (LTR) on the lower timeframes to refine entry points. This approach helps minimize stop loss levels while optimizing risk-reward.
Another entry opportunity may present itself during a Last Point of Supply (LPSY) event, should the price exhibit a bearish rejection at a resistance level.
4. Risk Management:
As with all trades, position sizing and margin management are critical. Carefully monitor price action, especially in the identified trading ranges, to avoid excessive drawdowns.
5. Profit Target and Stop Loss:
Profit Target: Around 4799, aligning with the identified support level.
Stop Loss: Placed just above the recent highest UT zone (5093) or the new resistance formed within the LTR, depending on your entry point.
Disclaimer:
This analysis represents a personal trading idea based on the Wyckoff methodology and is shared for educational purposes only. It is not a guarantee of future performance, and trading always involves risk. Please perform your own research and consult a financial professional before making any trading decisions. Always trade responsibly and within your risk tolerance.
FCPO Daily Analysis for 19 November 2024 - Support vs ResistanceThe FCPO market on 19 November 2024 was a blend of technical corrections and fundamental influences. The daily timeframe highlights overbought conditions, with the market testing support levels. The 1-hour chart illustrates a pullback at mid-term levels, balancing between support and resistance. Lastly, the 5-minute timeframe shows how intraday traders navigated a gap-up reversal.
Tomorrow’s trading strategy should revolve around key levels identified today, emphasizing disciplined risk management and alignment with broader trends. By staying adaptive, traders can capitalize on the market’s dynamic nature while protecting their capital.
See full analysis from Master FCPO Trading website.
Navigating FCPO Market Trends: FCPO Daily Analysis for 18 NovembToday’s FCPO market reflects a complex interplay between technical trends and fundamental factors. On the daily timeframe, the market's overbought condition and contract transition phase signal indecision. Meanwhile, the 1-hour chart confirms a mid-term pullback, and the 5-minute chart reveals bearish control over intraday movements.
For tomorrow, swing traders should watch for pivotal price levels and consolidation zones, while intraday traders can capitalize on pullbacks in alignment with prevailing trends. Remaining vigilant and adaptable will be key as the market navigates through this transitional period.
By staying informed and analyzing multi-timeframe trends, traders can confidently approach FCPO’s dynamic market, maximizing opportunities while mitigating risks.
FCPO Daily Analysis for 15 November 2024 -Bullish Signals Amid DFCPO market demonstrated strength on November 15, 2024, across all major timeframes. The Daily chart shows a completed pullback with signs of bullish continuation, even as RSI approaches overbought levels. The 1-hour chart highlights robust support from moving averages and a confirmed CPR pivot, which bolstered intraday buying confidence. Finally, the 5-minute chart reflects intraday resilience with CPR support holding firm, paving the way for a rally during Friday’s session.
Looking ahead, the bullish momentum appears set to continue, supported by both technical indicators and recent fundamental news. Traders are advised to maintain a bullish bias, focusing on pullbacks to enter long positions at key support levels. The overbought RSI suggests exercising caution with trailing stops, while fundamental news should be closely monitored to anticipate any shifts in sentiment.
This analysis provides a strong case for the FCPO market to sustain its uptrend. By combining technical insights with market news, traders can approach tomorrow’s session with an informed and strategic mindset.
See full chart from Master FCPO Trading website.
FCPO Daily Analysis for 14 November 2024: Technical Insights andFCPO market on 14 November 2024 demonstrates a strong bullish trend with minor consolidation phases across multiple timeframes. The daily chart suggests potential overbought conditions, but the bullish momentum remains intact. On the 1-hour chart, dynamic support from the moving average ribbon reinforces this trend, though CPR resistance warrants caution. The 5-minute chart confirms intraday support, with the market testing resistance as traders look for further bullish confirmation.
With today’s analysis in mind, traders should watch key support and resistance zones on both the 1-hour and 5-minute charts. A breakout above the CPR pivot would strengthen the bullish outlook for tomorrow, while failure to breach resistance may signal temporary consolidation. Employing a balanced approach between aggressive and conservative strategies will help navigate the FCPO market effectively as it responds to both technical setups and underlying fundamentals.
Read full analysis from Master FCPO Trading website.
FCPO Daily Analysis for 13 November 2024 - Correction?In summary, the FCPO market on 13 November 2024 presents a mixed technical landscape:
Daily Chart: Overbought with sellers in control; potential pullback.
1-Hour Chart: Bearish sentiment below CPR with dynamic support at the MA ribbon.
5-Minute Chart: Oversold indicators suggest a possible intraday bounce, but caution is warranted.
Overall, traders should approach tomorrow’s FCPO market with a balanced view. Swing traders might look to capitalize on the overbought conditions in the daily chart, while intraday traders can take advantage of short-term oscillations. News events could amplify volatility, so staying updated on economic developments is essential.
The FCPO market continues to offer compelling trading opportunities, with technical indicators providing clear guidance on market direction. Patience, discipline, and a close eye on support and resistance levels will be key to navigating the FCPO landscape in the coming days.
Read full analysis on Master FCPO Trading website.
FCPO Daily Analysis for 12 November 2024: Insights & StrategyToday's FCPO market displayed resilience amidst mixed signals. With reduced stock levels and higher exports fueling optimism, technical indicators now suggest a potential consolidation before the next big move. Swing traders should aim to capitalize on pullbacks, while intraday traders can look for high-probability entries on breakouts or rejections at key levels.
Tomorrow’s market is likely to be driven by follow-through from today’s volume levels and any new developments related to export data. Staying agile and adaptable in this environment will be crucial for traders aiming to capture profitable moves. By balancing technical indicators with market news, FCPO traders can navigate upcoming opportunities with greater confidence.
See full analysis on Master FCPO Trading website.
