Bearish Trend Coming on Soybeans by ThinkingAntsOk
4H CHART EXPLANATION:
The 4H corrective movement was broke a few days ago, it was an Ascending Structure correcting the previous Downside impulse. Now it seems that price is trying to continue towards the Support Zone. If this one is broke then there are two Daily Support Zones at 8.10 and the other at 7.80.
MULTI TIMEFRAME VISION:
-Daily:
-Weekly:
The 4H corrective movement was broke a few days ago, it was an Ascending Structure correcting the previous Downside impulse. Now it seems that price is trying to continue towards the Support Zone. If this one is broke then there are two Daily Support Zones at 8.10 and the other at 7.80.
MULTI TIMEFRAME VISION:
-Daily:
-Weekly: