FCPO [D] : Bearish Head & Shoulder pattern

٢٢ أبريل ٢٠٢٠

After several months of forming a Head & Shoulder pattern, it is now confirmed in line with weak global demand due to global full or partial lockdown of cities, regions or countries especially major buyer like China & India. Current conditions present opportunities to SHORT which could see FCPO re-visiting 2000 level or beyond.