dangngnuyenbusinv

ZL1! DAILY LONG TRADE PLAN IDEA

Long
dangngnuyenbusinv Updated   
CBOT:ZL1!   Soybean Oil Futures
ZL1! LONG DAILY
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Analysis:

Big time frame
-Weekly has a flag pattern will go up to test kijun sen, supply zone and fibonacci 50%-61.8%. The priority is SHORT trade but can LONG trade in countertrend.

Trading time frame
-Daily has big bull bar breakouts the previous daily resistance and is above kumo cloud but rejected at daily supply zone. the movement will down test the below trend line
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Action:
-Wait: Price Action confirm at below trend line for LONG trade
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Comment:
bigger time frame weekly chart:
Comment:
Update
June 17, 2020

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