Soybeans May 2024 moved through the resistance line of a Falling Wedge at 1145.6399999999999 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 1169.6664.
Related Posts
A Falling Wedge has formed, Natural Gas is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
Natural Gas is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…
Big movement possible on Silver Spot after a breach of 36.8362
The price of Silver Spot in heading in the direction of 37.4646. Despite the recent breakout through 36.8362…
Natural Gas is approaching a resistance line of a Ascending Triangle. It has touched this line numerous times in the last 2 days.
Natural Gas is heading towards the resistance line of a Ascending Triangle and could reach this point within…