BoonHooi

Soybean - First time seeing this chart

FOREXCOM:SOYUSD   Soybean Oil CFD
I was inspired by a friend who was asking me about the soybean. I don't trade this commodity but it was worth looking at now.
See how the price reacted nicely to the Bullish Bat at around 9.17, and now I see a potential Bearish Bat to short at around 10.23

It just goes to show that as long as the financial instrument is liquid enough, there will be Harmonic Patterns forming in them
Penafian

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