FCPO Week 48 205: Another consolidation mode?

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FCPO Week 48 205: Another consolidation mode?Crude Palm Oil FuturesMYX_DLY:FCPO1!edramlanStill in bearish mode but the move lower is losing a little bit of momentum even though Friday push lower look impressive. Look at 4H and you will see a bullish divergence that might indicate that price will retrace in a bearish macro trend. Another consolidation period is also possible. So bearish on higher timeframe but bearish in 4H is losing momentum and retracement or consolidation is a possibility.