Soybeans May 2024 moved through the resistance line of a Falling Wedge at 1190.75 on the 15 Minutes chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 1193.6635.
Related Posts
Silver Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Emerging Rising Wedge detected on Silver Spot – the pattern is an emerging one and has not yet…
If you’re short Natural Gas you should be aware that 3.8555 has just been breached – a level tested 5 time in the past
Natural Gas has broken through a line of 3.8555. If this breakout holds true, we could see the…
A Triangle has formed, Natural Gas is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?
Natural Gas is heading towards the support line of a Triangle and could reach this point within the…