senitraderr

SOYBEAN OIL 60M long

Long
senitraderr Updated   
CBOT:ZLN2017   Soybean Oil Futures (Jul 2017)
2
60M chart - it's making bigger corrective wave. seems that ABC pattern there. expect to move soon and go for long. i guess it will find the resistance trendline and breakout. once breakout, i am waiting for the corrective wave for the downside move and find the 4H support trendline.
Comment:

so far so good. seems following the plan. waiting for the corrective waves and join the ride for the second impulsive wave.
Comment:
i re-place the arrow and the corrective wave illustration.
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