ThinkingAntsOk

Bearish Potential on Soybeans by ThinkingAntsOk

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OANDA:SOYBNUSD   大豆差价合约
4H CHART EXPLANATION:

At the beggining of May, price started a strong bullish movement towards the Weekly Descending Trendline. Once it faced the zone, it could not consolidate above and the trend became weaker. Then started moving sideways and it has recently formed a Triangle Patter, which was broke downwards yesterday. We expect a downside move towards the Multiple Support Zones.


MULTI TIMEFRAME ANALYSIS:

-Daily:


-Weekly:






交易结束:到达目标

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