Soybean Oil down to 30.9600
Approaching Support level of 30.9600 identified at 20-Aug-2020 05:00 EDT
Approaching Support level of 30.9600 identified at 20-Aug-2020 05:00 EDT
Triangle has broken through the resistance line at 18-Aug-2020 06:45 EDT. Possible bullish price movement forecast for the next day towards 31.8058.
Rising Wedge identified at 17-Aug-2020 00:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 31.8300 within the next 2 days.
Channel Down has broken through the resistance line at 12-Aug-2020 16:00 EDT. Possible bullish price movement forecast for the next day towards 31.8950.
Rising Wedge identified at 06-Aug-2020 06:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 31.6700 within the next 3 days.
Soybean Oil experienced 6 consecutive bullish candles. Possible bearish price movement to follow.
Rising Wedge has broken through the support line at 04-Aug-2020 06:00 EDT. Possible bearish price movement forecast for the next 10 hours towards 31.0135.
Channel Up identified at 29-Jul-2020 12:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 30.4400 within the next 2 days.
Channel Down identified at 28-Jul-2020 05:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 29.7400 within the next 5 hours.
Approaching Resistance level of 30.2200 identified at 24-Jul-2020 06:00 EDT