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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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.