The breakout of Soybean Oil MARCH 2022 through the 55.1900 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Soybean Oil MARCH 2022 could test 56.7560 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
ARTÍCULOS RELACIONADOS
Natural Gas seems to be on its way to resistance – a possible opportunity?
Natural Gas is about to retest a key horizontal resistance level near 3.4945. It has tested this level…
A possible move on Silver Spot as it heads towards resistance
An emerging Rising Wedge has been detected on Silver Spot on the 4 hour chart. There is a…
A Channel Up has formed, Brent Crude is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Emerging Channel Up detected on Brent Crude – the pattern is an emerging one and has not yet…