machintose

Week 15: ZSK2021 Consolidation in a Bullish Flag

Long
CBOT:ZSK2021   SOYBEAN FUTURES (MAY 2021)
Technically it is forming a bullish flag .
I would place my Buy Limit at Demand area, which is at $13.70 level.
Also, I have a pivot marking at $14. 05 --> it serves two purposes:
(1) if my Buy Limit is triggered, $14. 05 is my Take Profit level.
(2) if the price does not go any lower and crossing $14. 05 , it is likely to continue to be bullish .

Overall this week is rather bullish .
Comment: The Bull is coming !!