Beanoil:
Nothing new from this chart this week. Price traded to mildly higher levels during the past week and has reached its support level within the descending price channel. There could be a bit of overshoot to the upside from here but we expect price to reverse resume the downtrend during the coming week.
Nothing new from this chart this week. Price traded to mildly higher levels during the past week and has reached its support level within the descending price channel. There could be a bit of overshoot to the upside from here but we expect price to reverse resume the downtrend during the coming week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.