Soybean Oil (ZL): July 18th 2019

Decision area : 27.60 - 27.70

1. In order to bolster the ending diagonal idea (as per ZL analysis on July 8th 2019), price needs to trade way below 27.54
2. If price is not able to decisively pierce through the decision area, the 3-drive pattern may unfold.

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Elliott WaveewcountsoybeanoilsoybeanoilelliottwaveSupply and DemandSupport and Resistance

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