Big movement expected on Soybean Oil JANUARY 2020 after a breach of the support

Soybean Oil JANUARY 2020 has broken through a support line of a Triangle and suggests a possible movement to 30.1672 within the next 12 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 7 days.