ZL1! trade ideas
SBO - A Rally to new high, or a retracement to lower channelSBO - A Rally to new high, or a retracement to lower channel
SBO Swing Short. Trade defensively if u are counter trendSBO Swing Short. Trade defensively if u are counter trend,
TP 1 Target 28.25
TP 2 Target 28.15
SBO Bounce from support trendline and heading towards 27.99SBO Bounce from support trendline and heading towards 27.99
Ending Diagonal Identified at SBOEnding Diagonal Identified at SBO.
Trade at your own risk and what u seen.
SOYBEAN OIL. LOWER TO COMPLETE THE FINAL LEGCritical level = 27.55
Looking forward for short opportunity with soybean oil .
27.55 must hold for this setup.
SBO (ZL1!) sedang membuat pattern inverted cup n handle?mari kita tengok sama ada pattern ni berjaya atau tidak..jika benar dan patah neckline pattern tersebut, SBO akan menjunam lebih jauh..
Soybeans Oil looks like a break lowerA double top at a resistance line, looks like a break lower to the previous support at 25.80
SOYBEAN OIL Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad
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.
ZL1We have a downtrend
The market has broken the downtrend and retested it so there will be a possibility of an upside.
if you liked this idea or have your opinion on it, write in the comments.
DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you.
ZL ANALYSE
After a bullish trend which started since May 2019, At the end of January 2020 we break the support. On February 6 there is a pull back and then a bearich trend begins.Since March the market has been trying to come back.Now if we break 26.80 we can reach 27.50 ,and if we break 27.50 with force the next target 28.50
My Expectation For the #ZL1For ZL1! My Expectation is going up cuz the price respect the ORANGE level also if the price beak the 25.65 this will confirm this expectation
ZL1 Soybean Oil Cont short term LONG soon I see a LARGE ABC down with a short term bullish Gartley forming in green advancing to $30 ish (B leg), then June into August bearish completion at $19 possible $15 entry to Long.
I admit I have not traded Soybean Oil but twice and this is forecasting out pretty far so take my view with a grain of salt. Soybeans & Soybean oil do not appear the same. I'm seeing
possible Deflation with the drop in CL leading the way. CL going negative in May spells trouble.
