Soybeans JANUARY 2020 has broken through a resistance line of a Channel Down and suggests a possible movement to 934.2498 within the next 17 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
Related Posts
Gold Spot through 2564.985. Is this a confirming a breakout? Will it continue its path in the current trend toward 2586.9621?
Gold Spot has broken through a resistance line. It has touched this line at least twice in the…
If you’re long Natural Gas you should be aware of the rapidly approaching level of 2.3680
Natural Gas is heading towards a line of 2.3680. If this movement continues, the price of Natural Gas…
Important resistance line being approached by US Oil. This price has been tested numerous time in the last 2 days
US Oil is heading towards the resistance line of a Channel Up and could reach this point within…