Soybean Futures almost formed a bullish pattern; 1550 then 1770
Weekly chart, Soybean Futures almost formed a bullish chart pattern - Descending Wedge.
After crossing resistance 2 line and line 1, the target will be 1550 then 1770
The other side probability is activated by breaking down support line 1.
However, support line 2 can be a strong barrier and force a price rebounding.
After crossing resistance 2 line and line 1, the target will be 1550 then 1770
The other side probability is activated by breaking down support line 1.
However, support line 2 can be a strong barrier and force a price rebounding.