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Trading Idea - Soybean Meal, 29-03-2023
Trading Signal: #C-SOYBM
| Order | Sell |
| Direction | Bearish |
| Pattern | Resistance Line Breach |
| Interval | 4 hours |
| Length (Candles) | 5 |
Idea Summary
The medium term SOYBM price forecast is bearish. The SOYBM price is rising as it breached above a resistance line. Most likely the price will reverse and start declining while there is small likelihood it may continue rising and successfully breach above ng to test Fibonacci 61.8 resistance.
Note:
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