The breakout of Soybean Oil MARCH 2022 through the 56.2400 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 58.7010 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
ARTÍCULOS RELACIONADOS
US Oil is signaling a possible trend reversal on the intraday charts with price not breaching support.
The movement of US Oil towards the resistance line of a Channel Down is yet another test of…
Breach of resistance could mean a start of a bullish trend on Gold Spot
Gold Spot has broken through the resistance line which it has tested twice in the past. We have…
After experiencing 4 consecutive daily bearish candles in the space of 5 days, nobody knows where US Oil is headed.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of…