Weekly:
- Trend is a trend, until its end. Is the end getting closer? Trendline matches Kijun Sen and horizontal key level.
Most important to watch is 32,05!
- Heikin Ashi candle turns red, haDelta crosses down SMA3, the setup is rather bearish again. Question as always is the weekly close, and if Bears can push it down to a lower low later.
Daily:
- Price trades exactly at equilibrium! Kijun Sen and thin future Kumo stays at same level ard 31,35-31,50.
- Heikin Ashi candle turns bullish, haDelta up. Chikou Span close to Price.
Bears really need to make a push soon, or else they can quickly lose control and capitulate. In case Soybean Oil breaks above 32,05 and later above 32,50, then we wil see a trend break and reversal, a confirmed bullish Kumo breakout on the daily chart, with high probability tgt to 35, and lower probability tgt ard 37.
I am watching it for a reversal long trade.
- Trend is a trend, until its end. Is the end getting closer? Trendline matches Kijun Sen and horizontal key level.
Most important to watch is 32,05!
- Heikin Ashi candle turns red, haDelta crosses down SMA3, the setup is rather bearish again. Question as always is the weekly close, and if Bears can push it down to a lower low later.
Daily:
- Price trades exactly at equilibrium! Kijun Sen and thin future Kumo stays at same level ard 31,35-31,50.
- Heikin Ashi candle turns bullish, haDelta up. Chikou Span close to Price.
Bears really need to make a push soon, or else they can quickly lose control and capitulate. In case Soybean Oil breaks above 32,05 and later above 32,50, then we wil see a trend break and reversal, a confirmed bullish Kumo breakout on the daily chart, with high probability tgt to 35, and lower probability tgt ard 37.
I am watching it for a reversal long trade.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.