Soybean Oil January 2024 has broken through a resistance line. It has touched this line at least twice in the last 8 days. This breakout may indicate a potential move to 51.6130 within the next 2 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
ARTÍCULOS RELACIONADOS
Gold Spot has broken through a resistance line. It has touched this line numerous times in the last 8 days.
Gold Spot has broken through a resistance line. It has touched this line numerous times in the last…
Gold Spot – approaching a support line that has been previously tested at least twice in the past
Gold Spot is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…
A Descending Triangle has formed, US Oil is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
US Oil is heading towards the support line of a Descending Triangle. If this movement continues, the price…