MARKET DALAM KENAIKAN

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MARKET DALAM KENAIKANCrude Palm Oil FuturesMYX_DLY:FCPO1!fiqafiq17Last week, the market broke above the bearish resistance, confirming a shift in market structure and starting a bullish move. As a result, the market moved higher instead of continuing the bearish trend as previously expected. At the moment, FCPO remains in a bullish bias, with 4,691 acting as the support level and 4,786 as the resistance level. If price manages to break above the current resistance, it could form a new Break of Structure (BOS) and confirm the continuation of the uptrend. Possible Scenarios for Next Week 1. Pullback Before Continuing Higher (Preferred Scenario) The market may retrace into the discount zone before resuming its bullish movement. If this happens, the pullback area could provide a potential entry opportunity for traders who wait for confirmation. 2. Bearish Reversal The market may break below the 4,691 support level, which could signal a potential shift in market structure and increase the possibility of a bearish trend. For now, let's wait and see how the market reacts next week. Stay disciplined, follow your trading plan, and always practice proper risk management. Disclaimer This trading idea reflects my personal market analysis and opinion and is shared for educational and discussion purposes only. It does not constitute financial advice or a recommendation to buy, sell, or hold any financial instrument, including FCPO futures contracts. Please do your own research (DYOR) and make your own trading decisions based on your trading plan and risk tolerance.