SBO Bounce from support trendline and heading towards 27.99SBO Bounce from support trendline and heading towards 27.99
ZL1! trade ideas
Ending Diagonal Identified at SBOEnding Diagonal Identified at SBO.
Trade at your own risk and what u seen.
SOYBEAN OIL. LOWER TO COMPLETE THE FINAL LEGCritical level = 27.55
Looking forward for short opportunity with soybean oil .
27.55 must hold for this setup.
SBO (ZL1!) sedang membuat pattern inverted cup n handle?mari kita tengok sama ada pattern ni berjaya atau tidak..jika benar dan patah neckline pattern tersebut, SBO akan menjunam lebih jauh..
Soybeans Oil looks like a break lowerA double top at a resistance line, looks like a break lower to the previous support at 25.80
SOYBEAN OIL Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
My Soybean oil futures analysis • If the market breaks the resistance line with a big green candle, we have a high probability to get a bullish trend again
Otherwise it's a pullback, the market will return to the red support line, in this case and it's highly probable to break it and getting a bearish trend.
ZL1We have a downtrend
The market has broken the downtrend and retested it so there will be a possibility of an upside.
if you liked this idea or have your opinion on it, write in the comments.
DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you.
ZL ANALYSE
After a bullish trend which started since May 2019, At the end of January 2020 we break the support. On February 6 there is a pull back and then a bearich trend begins.Since March the market has been trying to come back.Now if we break 26.80 we can reach 27.50 ,and if we break 27.50 with force the next target 28.50
My Expectation For the #ZL1For ZL1! My Expectation is going up cuz the price respect the ORANGE level also if the price beak the 25.65 this will confirm this expectation
ZL1 Soybean Oil Cont short term LONG soon I see a LARGE ABC down with a short term bullish Gartley forming in green advancing to $30 ish (B leg), then June into August bearish completion at $19 possible $15 entry to Long.
I admit I have not traded Soybean Oil but twice and this is forecasting out pretty far so take my view with a grain of salt. Soybeans & Soybean oil do not appear the same. I'm seeing
possible Deflation with the drop in CL leading the way. CL going negative in May spells trouble.
Next target 28.48We are looking for an up move on Soybean oil , it has finished bigger structure. Will start to look for buy setups .
Next target will be 28.48 and 30 come next. Look for buy set up base on your analysis.
Future trading is a risky business, what we are sharing is only our point of view on what could be the next move in the market and not signal. Please make your own analysis before follow us. Trade with care
Next target 28.48We are looking for an up move on Soybean oil , it has finished bigger structure. Will start to look for buy setups .
Next target will be 28.48 and 30 come next. Look for buy set up base on your analysis.
Future trading is a risky business, what we are sharing is only our point of view on what could be the next move in the market and not signal. Please make your own analysis before follow us. Trade with care
cot report long SOY OILmajor support resistence. I am anticipating a cot index of around 100 possibly in a couple of weeks.
Riskier tha usual from fundamental stand point but very good potential entry point for major trend reversal
Soybean oil significant downtrend possibly endingThis is a long position based on the principles of demand. These zones form when leftover buy orders are not filled by investors. When price returns to these levels, the buyers regain their positions and attempt to push the price up again.
The volume profile indicator shows us where the heaviest volumes are located. It is relevant due to the fact that a quality demand zone is in the same position as the heaviest volumes. As a scalper, we look to take advantage of the small movements on these higher time frame zones. A 1 to 1 profit will suffice.
