


mordkovich199
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Joined Jul 27, 2018
chartpattern
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We can't be sure at this point that in the short term soy bean oil is going to continue to move up even though we had multiple 1h tests on a major 1D prior LH level from above.We can spot an ascending channel on the daily time frame, in which the price is near the top line. In the previous 2 occasions when the price reached this level it promptly corrected down to...
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If test above the daily blue line, go Long, if below and rejection await further pullback, potentially to the triangle then go Long.
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