Soybean Oil DECEMBER 2019 has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 31.0657 within the next 2 days. 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 15 days.
ARTÍCULOS RELACIONADOS
Breach of resistance could mean a start of a bullish trend on US Oil
US Oil moved through the resistance line of a Triangle at 64.98008333333334 on the 4 hour chart. This…
Natural Gas has shown consistent movement in one direction.
Natural Gas posted 7 consecutive candles over the last 9 day — an unusually large movement.
US Oil keeps moving closer towards 64.8865. Will it finally breach this level?
US Oil is approaching a resistance line at 64.8865. If it hits the resistance line, it may break…