Soybean rebound in a down channel, good risk-reward opportunitySoybean rebound in a down channel; good risk-reward opportunity.
Price and levels are in the chart. Good luck
Soybean Oil Double TopA test and rejection of initiated resistance is in process on the daily time frame (current chart pic), but has been completed on the 8-hour (my entry chart for this position). I'm only looking for a move down to the most recent swing low, which is about a 3R profit potential.
soybeans about to run upsoybeans about to run up
will love to see 6951 level purge then run into the weekly FVG
not a trade advice
Soybean OilNFA - Charting to begin testing a theory.
Red to Red// 38% fib zone to -27% reversed Fib.
++M's and W's holding strong s/r zones
+curved TL
+macro outlook on soybased food
//commodities v USD
SoyUsd shortDescending triangle and an M formation. EMA crossover (10/20), MACD below 0. the rectangles are possible reversal zones.
Descending Triangle on Soybean Oil, Target at 3755Trend Analysis
The main view of this trade idea is on the 4-Hour Chart. The commodity soybean oil (SOYUSD) is in a descending triangle setup pattern. The resistance line is seen with lower highs on 7200 and 6495 respectively. The support line is observed around 5450. A breakdown in support will tak
Soybean Oil Positioned to Move Higher to 6700 Trend Analysis
The main view of this trade idea is on the 2-Hour Chart. Soybean Oil (SOYUSD) hit some resistance around the 6315 price level and declined towards 5845 where the commodity found support. SOYUSD is rallying to re test 6315 resistance. Expectations are for the commodity to breakout hig
soybean oil: Do we have a double top here?comments on the chart. Please note a proper technical double top pattern is only confirmed when the 4100 area is broken to the downside. But we are speculators and if you, like me, have another reason to test this then go for it otherwise wait for the break
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