Soybeans MARCH 2023 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of Soybeans MARCH 2023 testing 1515.0000 within the next 18 hours. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
A Channel Down has formed, Silver Spot is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Silver Spot is moving towards a resistance line. Because we have seen it retrace from this line before,…
After testing 70.7485 numerous times, US Oil has finally broken through. Can we expect a bearish trend to follow?
US Oil has broken through a line of 70.7485 and suggests a possible movement to 69.4582 within the…
Natural Gas is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
Natural Gas is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…