SOYBEAN OIL MAINTAINS STRONG BULLISH MOMENTUM – HARMONIC PATTERNKEY TAKEAWAYS:
Price structure confirms a breakout from the long-term accumulation zone, transitioning into a strong growth phase.
A Harmonic pattern is forming with a Fibonacci extension convergence point at the 74.60 area.
Short-term profit-taking pressure is appearing at psychological resistance levels but has not altered the primary trend.
Date: March 26, 2026 | Timeframe: Daily (1D) | Contract Code: ZL1! (Soybean Oil)
1. Trend and Price Structure Overview
On the Daily chart, Soybean Oi
Long
