Soybean Oil excessive bearish movement
Soybean Oil experienced a 3.28% bearish movement in the last 13 hours.
Soybean Oil experienced a 3.28% bearish movement in the last 13 hours.
Rising Wedge identified at 16-Sep-2020 04:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 34.5200 within the next day.
Broke through Resistance level of 33.6900 at 14-Sep-2020 00:00 EDT
Approaching Support level of 32.6500 identified at 10-Sep-2020 06:30 EDT
Approaching Support level of 32.5400 identified at 08-Sep-2020 06:30 EDT
Falling Wedge identified at 01-Sep-2020 06:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 32.5400 within the next 9 hours.
Soybean Oil experienced a 10.37% bullish movement in the last 20 days.
Soybean Oil experienced a 10.53% bullish movement in the last 17 days.
Approaching Support level of 31.0900 identified at 25-Aug-2020 05:15 EDT
Soybean Oil experienced 4 consecutive bearish candles. Possible bullish price movement to follow.