Beanoil:
During the 2nd half of August we were taken a bit by surprise by price's upswing which stopped us out from our bear bias. The picture of today does not really give us a very clear vision on the nearby future.
Principally, we should see price resuming to the upside from here and especially now to seek for the 36/37 zone from where price can resume its long term down trend. However, price should then not break the 32.60/32.50 level in which case we will have to turn back to an immediate bear scenario.
Bottomline, we are holding our horses for now and await what will unfold during the coming week before taking any side.
During the 2nd half of August we were taken a bit by surprise by price's upswing which stopped us out from our bear bias. The picture of today does not really give us a very clear vision on the nearby future.
Principally, we should see price resuming to the upside from here and especially now to seek for the 36/37 zone from where price can resume its long term down trend. However, price should then not break the 32.60/32.50 level in which case we will have to turn back to an immediate bear scenario.
Bottomline, we are holding our horses for now and await what will unfold during the coming week before taking any side.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.