as predicted earlier on 4th Jan 2021, fcpo-march persists in uptrend... now, the next level is challenging the Feb 2011 high-3890-3967, the price which has not appeared at least in the past 8yrs++,close to 9yrs. If this level of resistance is breached, then fcpo is looking at the 12-yrs historical high ranging frm 4334 - 4486, the peak which has never been reached ever since March 2008... Ok, after some brief history of price, let's talk about what has happened today(6th Jan 2021). after a brief retracement yesterday, fcpo-march continues its marching to climb higher at gap up 3775 (20pts gap frm closing yesterday 3755) and closed at high of 3877...up 122pts today... needless to say, best offer frm the market : long on retracement, DON'T go for counter-trend, unless u hate your money bcox market could still gap up and go up the next day...
*plan your trade and trade your plan... gud luck*
higher resistance : 4334 - 4486 (high in 2008)
current resistance : 3890 - 3967 (high in 2011)
support : 3800
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