The movement of Soybeans SEPTEMBER 2019 towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 20 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
Related Posts
A Channel Down has formed, Brent Crude is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Brent Crude is approaching the resistance line of a Channel Down. It has touched this line numerous times…
Big movement possible on Brent Crude after a breach of 66.2790
Brent Crude has broken through a support line. It has touched this line numerous times in the last…
Because Natural Gas formed a Channel Down pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
A Channel Down pattern was identified on Natural Gas at 2.7805, creating an expectation that it may move…