Soybean Oil down to 40.6280
Broke through Support level of 41.4800 at 19-Jan-2021 05:00 EST
Broke through Support level of 41.4800 at 19-Jan-2021 05:00 EST
Approaching Resistance level of 44.1800 identified at 14-Jan-2021 13:00 EST
Soybean Oil experienced a 3.61% bearish movement in the last 34 hours.
Approaching Resistance level of 44.1000 identified at 13-Jan-2021 00:00 EST
Channel Down identified at 12-Jan-2021 04:00 EST. This pattern is still in the process of forming. Possible bearish price movement towards the support 42.5000 within the next 9 hours.
Soybean Oil experienced 4 consecutive bearish candles. Possible bullish price movement to follow.
Soybean Oil experienced a 18.59% bullish movement in the last 35 days.
Channel Up identified at 05-Jan-2021 08:00 EST. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 44.0700 within the next day.
Soybean Oil experienced a 6.27% bullish movement in the last 42 hours.
Channel Up identified at 05-Jan-2021 02:00 EST. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 44.0700 within the next 2 days.