ZL1! trade ideas
Soybean Oil (ZL): Weekly EW CountAn ending diagonal is likely currently developing.
#contengconteng #zl #soybeanoil
ZL. technical analysisPrice may remain in sideways mode in range of 27.80 to 26.99. Price should go beyond the range to be in buy or sell mode. Refer chart.
Soybean Oil - Long Term Projectionmarket looks going downward for a while before it moves spike up. Otherwise if its failed to break the important level, will continue downtrend
Soybean Continues Uptrend, approaching fibo target 423sbo already reach and breaks 261 fibo level, so according to rule it shud hit level fibo 423
ZL Soybean Oil, short term correction, 60Price is supported at c line. There is a chance of rebound and if not, it will go down further to next support.
