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FCPO 09.06.2021

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MYX:FCPOQ2021   Crude Palm Oil Futures
FCPO AUG 2021 CONTRACT
KEY LEVEL = 3913,4166
CRITICAL LEVEL = 4468
09.06.2021

Expecting wave C of 2 toward 4336 area if price move above our key level 4166.

Breaking below 3913 and 3852 will strengthen the idea of wave 3 is in play.

My personal opinion, as long price is below our critical level 4468, the force is strong with the bear.

Embrace probabilities: Trading is all about probability, never certainty.

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