FCPO Week 43 2025: Consolidation or bearish to 4300?

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FCPO Week 43 2025: Consolidation or bearish to 4300?Crude Palm Oil FuturesMYX_DLY:FCPO1!edramlanHappy Deepavali! Price has shifted from bullish to a potential bearish. Momentum to go higher has been greatly reduced. A key reversal created on Friday could be the Lower High for a bearish move. There is a potential of double top. Still early since it is yet to confirm. If price can break and close below 4490 then bearish could go and test 4300. Price will confirm double top once if break below 4270 area. If there is no momentum this week then another consolidation is expected with a view for a break to a lower price. Happy trading.