ZL1! DAILY LONG TRADE PLAN IDEAZL1! LONG DAILY
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Analysis:
Big time frame
-Weekly has a flag pattern will go up to test kijun sen, supply zone and fibonacci 50%-61.8%. The priority is SHORT trade but can LONG trade in countertrend.
Trading time frame
-Daily has big bull bar breakouts the previous daily resistance and is above kumo cloud but rejected at daily supply zone. the movement will down test the below trend line
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Action:
-Wait: Price Action confirm at below trend line for LONG trade
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ZL1! trade ideas
My Soybean oil futures analysis • If the market breaks the resistance line with a big green candle, we have a high probability to get a bullish trend again
Otherwise it's a pullback, the market will return to the red support line, in this case and it's highly probable to break it and getting a bearish trend.