Soybeans AUGUST 2020 has broken through the support line of a Triangle. It has touched this line at least twice in the last 5 days. This breakout indicates a potential move to 895.8578 within the next 6 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
ARTÍCULOS RELACIONADOS
Brent Crude is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days.
Brent Crude is heading towards the resistance line of a Rising Wedge and could reach this point within…
Will Silver Spot break through the support level it tested before?
Silver Spot is heading towards a line of 29.3610. If this movement continues, the price of Silver Spot…
Gold Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Gold Spot is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great…