Soybean Oil Futures
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ZL1! DAILY LONG TRADE PLAN IDEA

79
ZL1! 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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注释
bigger time frame weekly chart:
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注释
Update
June 17, 2020
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