- Price has consolidated in a .
- Support @1130 running flat
- Resistance is the downtrend line.
- A break out of either way will tell us about its next going direction.
A is usually a continuation pattern so here the upside is favored as Soybean price is in daily and weekly chart. There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns.