Hi there. Price is forming a continuation pattern to the upside. Currently price has completed the B wave, now we are expecting that price forms the C wave to complete the pattern.
So, wait for the price to hit the bottom of the pattern and watch strong price action for buy.
SOY is susceptible to Global Climatic Disruption. The search term is Grand Solar Minimum and the Warnings have been aired via ' Adapt 2030 ' Clim
Thy current Winter is giving all the confirmation a trader needs to bank on the disruption to the agricultural outputs around the Northern hemisphere.
The Steep Red Horn rooted 28 Mar '16 points to a very possible...
research Grand Solar Minimum and crop disruptions.
that upside , 2013 levels of trading can be revisited, if the world continues on its global weather extremes trend.
I need more information on agricultural facts and incident climate and market trend.
this is very abstract, for such a basic commodity. Trade disputes are as important as weather trends.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for sell. On bigger time frame, price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
The soybean market is moving in a gradual uptrend and forming a channel. However, there is an opportunity for a short position because of a bearish flag pattern forming and the fact that the price is nearing the channel resistance. Also, the price could form a double top pattern as suggested by the red rectangle forming a horizontal resistance zone.
Soybeans recently broke out to a new high and managed to spend some time above the 9.00 mark before the 200 day moving average and the top of an ascending channel forced price back down. It is now stalled at confluence fibonacci support and a parallel of the lower trendline of the ascending channel, with the bottom of the...
SL @ 9.266
TP1 @ 1:2 RR
TP3 Trail SL
Soybeans has reached it's 6 months upper range. Don't over capitalise in this short, price tried very hard to break to the upside of its range earlier but didn't succeed. Wider SL than usual (placed above weekly upper true range) due to volatility. Look to carry the trade to the trendline.
These are the FUTURE dates for SOYBNUSD (Soybeans) with the highest probability for making a price swing high or low. Apply your own indicator(s) to determine the price swing direction.
As mentioned in other posts, The Djinn Predictive Indicator is for SALE.
Equations for all time frames are included , with the exceptions of the 1 minute time frame and the 5...