Soybeans MARCH 2021 has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 7 days. This breakout shows a potential move to 1394.9500 within the next 17 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
Related Posts
Brent Crude formed a Channel Up on the 4 hour chart. Retest of support in sight.
Brent Crude is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…
Important price line being approached by Natural Gas. This price has been tested numerous times before.
Natural Gas is approaching a support line at 3.6680. If it hits the support line, it may break…
Gold Spot – It’s perhaps in these huge moves where the greatest opportunity lies
Gold Spot has moved higher by 2.12% from 2604.44 to 2659.7 in the last 3 days.