Soybeans NOVEMBER 2019 is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of Soybeans NOVEMBER 2019 to test 861.7500 within the next 10 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
Related Posts
Important support line being approached by Gold Spot. This price has been tested numerous time in the last 8 days
Emerging Falling Wedge detected on Gold Spot – the pattern is an emerging one and has not yet…
A possible move on Silver Spot as it heads towards resistance
Silver Spot is approaching the resistance line of a Channel Up. It has touched this line numerous times…
Silver Spot formed a Rising Wedge on the 1 hour chart. Retest of resistance in sight.
A Rising Wedge pattern was identified on Silver Spot at 36.2943, creating an expectation that it may move…