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Follow the downtrend!
change of trend after sideways?
buy on dip?
sbo already reach and breaks 261 fibo level, so according to rule it shud hit level fibo 423
market looks going downward for a while before it moves spike up. Otherwise if its failed to break the important level, will continue downtrend
watch for rebound or breakout
key level: 31.16
Key level: 31.16
at important level
www.tradingview.com FCPO (USD) / Soybean Oil (USD) at lower range
watch out for break down of cline
watch for cline breakout
uptrend still intact
Price is supported at c line. There is a chance of rebound and if not, it will go down further to next support.
Price should break the black line(MA) before it can go further. smoke indicator shows uptrend still intact..