FCPO Trading Plan - 4th Nov - Morning session

Main Trend: Bearish
Short Term Trend : Bearish
Trading Plan: For Morning Session

• Short –
o If price unable to break above 4141. TP1=4103 TP2=4063
SL=4153
o If price gap up but fail to break above 4193. TP1=4167 TP2=4141 SL=4195

• Long –
o If price break above 4141. TP1=4167 TP2=4193 SL=4135
o If price gap up above 4193. TP1=4232 TP2=4271 SL=4187

A breakout above 4,141 could trigger a short-term rebound, while rejection would resume the downtrend, Until a breakout occurs, bias remains slightly bearish within the downtrend channel.

Disclaimer: This is just my IDEA on the market, not a suggestion to open any trade. Please do not follow without any personal due diligence on the market.