I think the last hour #fcpo finishing in fast & furious style is not everyone can take it. So watch out for R1 & 5 MA level closely, failure to defend will result in more turbulence like this coming.
#fcpo wandering in positive and negative territory. Watch out for R1 & 5 MA level closely, failure to defend will result in more traders' cashout.
#fcpo rocket up in the last 30 minutes and the market could be overshoot. Failure to defend R1 & 5 MA level may signal fakeout to trader and trigger profit-taking.
#fcpo buyer manages to recover most of the loss at the end of the day. Bull maybe will challenge R1 again as long the bullish formation remains intact and S1 support not broken.
#fcpo buyer coming back strongly, the formation is back to bullish as all angled up. The market may be retest H2 resistance and back to higher high & higher low structure.
#fcpo gap up 5,10 MA but close at Doji. The formation is mixed, the market maybe will wild swing in between 5~50 MA for the next direction.
#fcpo buyer power-up from 50 MA, reclaim 20 MA, but the formation is mixed. The market needs to stay above 5 MA before it can challenge H2. This is 2nd time it rebound from trendline breakdown, cautious the price structure in the lower higher & lower low pattern.
Expect the seller will counter-attack, the buyers now must defend 5 MA before they can breakthrough R1.
