I see more of a buying opportunity coming up than a sell, though the latter is also possible.
Again, commodities trading is volatile so prepare your SL and capital management properly.
Trade cautiously.
Again, commodities trading is volatile so prepare your SL and capital management properly.
Trade cautiously.
Comment:
wow, it breaks out from the neckline and is now retracing. let's see if the price can sustain above 5324 before we take a buy position.
Comment:
It is a false breakout. Now, it is back to the range move.If you are comfortable, you can sell else wait
Comment:
I hope you guys that longed this has taken your profits if not full, partial. Now the price is back to the initial price level at the neckline.
Let's wait a while more before buying as the last 3 red candles signal the sellers are coming in strongly. Selling pressure is still present in the air.
www.chinadaily.com.c...310128217279a2c.html
Plus , this news if true is not good for China as it will cause further damage to its food crops and possibly threaten its food security which US-China trade war saga has just ended and caused much inconvenience and losses to both sides.
Watching this closely...
Let's wait a while more before buying as the last 3 red candles signal the sellers are coming in strongly. Selling pressure is still present in the air.
www.chinadaily.com.c...310128217279a2c.html
Plus , this news if true is not good for China as it will cause further damage to its food crops and possibly threaten its food security which US-China trade war saga has just ended and caused much inconvenience and losses to both sides.
Watching this closely...
Comment:
once again, treat this asset as investment and not trading and you will be handsomely rewarded.
Comment:
Praise Lord, for those who has the patience and ride the volatility, you are rewarded handsomely.
Comment:
Those who are patient and followed my trade call last year would be happy to know their commodities are doing well.
