ZO1! Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for ZO1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a possible pullback sell entry at 354.375, where the 50% Fibonacci line is. Stop loss will be at 377.500, where the previous swing high is. Take profit will be at 330.500, where the recent lows and liquidity hotspots are located.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Soybean
Soybean Futures ( ZS1! ), H4 Potential for Bearish DropTitle: Soybean Futures ( ZS1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 1535.00
Pivot: 1492.25
Support: 1457.75
Preferred case: Looking at the H4 chart, my overall bias for ZS1! is bearish due to the current price being under the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the support at 1457.75, where the 61.8% Fibonacci line is.
Alternative scenario: Price may head back up to retest the pivot at 1492.25, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bullish ContinuationTitle: Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1535.00
Pivot: 1492.25
Support: 1457.75
Preferred case: Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance at 1535.00, where the recent high is
Alternative scenario: Price may head back down to break the pivot at 1492.25, where the 38.2% Fibonacci line is before heading towards the support at 1457.75, where the 61.8% Fibonacci line is.
Fundamentals: There are no major news.
ZS1! Potential For Bearish DropLooking at the H4 chart, my overall bias for ZS1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 1509.00, where the 38.2% Fibonacci line is. Stop loss will be at 1537.50, where the recent high is. Take profit will be at 1465.50, where the 38.2% Fibonacci line is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Soybean Futures ( ZS1! ), H4 Potential for Bullish ContinuationTitle: Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1508.75
Pivot: 1469.00
Support: 1423.25
Preferred case: Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at 1469.00, where the previous high and 78.6% Fibonacci line are before heading towards the resistance level at 1508.75, where the previous swing high is.
Alternative scenario: Price may head back down to the support at 1423.25, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bullish ContinuationTitle: Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1508.75
Pivot: 1469.00
Support: 1423.25
Preferred case: Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at 1469.00, where the previous high and 78.6% Fibonacci line are before heading towards the resistance level at 1508.75, where the previous swing high is.
Alternative scenario: Price may head back down to the support at 1423.25, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bullish ContinuationTitle: Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1508.75
Pivot: 1469.00
Support: 1423.25
Preferred case: Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly break the pivot at 1469.00, where the previous high and 78.6% Fibonacci line are before heading towards the resistance level at 1508.75, where the previous swing high is.
Alternative scenario: Price may head back down to the support at 1423.25, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bullish ContinuationTitle: Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1508.75
Pivot: 1469.00
Support: 1423.25
Preferred case: Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance level at 1508.75, where the previous swing high is.
Alternative scenario: Price may head back down to break the pivot at 1469.00, where the previous high and 78.6% Fibonacci line are before heading to the support at 1423.25, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bullish ContinuationTitle: Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1508.75
Pivot: 1469.00
Support: 1423.25
Preferred case: Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly continue heading towards the resistance level at 1508.75, where the previous swing high is.
Alternative scenario: Price may head back down to break the pivot at 1469.00, where the previous high and 78.6% Fibonacci line are before heading to the support at 1423.25, where the 38.2% Fibonacci line is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bullish ContinuationTitle: Soybean Futures ( ZS1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 1508.75
Pivot: 1469.00
Support: 1423.25
Preferred case: Looking at the H4 chart, my overall bias for ZS1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance level at 1508.75, where the previous swing high is.
Alternative scenario: Price may head back down to retest the pivot at 1469.00, where the previous high and 78.6% Fibonacci line are.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bearish MomentumTitle: Soybean Futures ( ZS1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 1475.50
Pivot: 1409.75
Support: 1380.50
Preferred case: We have a bearish bias on the H4 chart. In addition, price is crossing below the Ichimoku cloud , indicating a bearish market. If the bearish momentum continues, price may continue to move towards the Pivot at 1409.75, where the 38.2% Fibonacci line is located.
Alternative scenario: Price may rise again to retest the resistance at 1475.50, where the 78.6% Fibonacci line is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bearish MomentumTitle: Soybean Futures ( ZS1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 1465.00
Pivot: 1409.75
Support: 1391.75
Preferred case: We have a bearish bias on the H4 chart. In addition, price is below the Ichimoku cloud , indicating a bearish market. If the bearish momentum continues, price may continue to move towards the Pivot at 1409.75, where the 50% Fibonacci line is located.
Alternative scenario: Price may rise again to retest the resistance at 1465.00, where the previous swing high is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bearish MomentumTitle: Soybean Futures ( ZS1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 1465.00
Pivot: 1409.75
Support: 1391.75
Preferred case: We have a bearish bias on the H4 chart. In addition, price is below the Ichimoku cloud , indicating a bearish market. If the bearish momentum continues, price may continue to move towards the Pivot at 1409.75, where the 50% Fibonacci line is located.
Alternative scenario: Price may rise again to retest the resistance at 1465.00, where the previous swing high is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bearish MomentumTitle: Soybean Futures ( ZS1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 1433.75
Pivot: 1409.75
Support: 1391.75
Preferred case: We have a bearish bias on the H4 chart. In addition, price is below the Ichimoku cloud, indicating a bearish market. If the bearish momentum continues, price may continue to move towards the Pivot at 1409.75, where the 38.2% Fibonacci line is located.
Alternative scenario: PPrice may rise again to retest the resistance at 1433.75, where the 50% Fibonacci line is located.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bearish MomentumTitle: Soybean Futures ( ZS1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 1433.75
Pivot: 1409.75
Support: 1391.75
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the Pivot at 1409.75, where the 38.2% Fibonacci line is.
Alternative scenario: Price may go back up to retest the resistance at 1433.75, where the 50% Fibonacci line is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bearish MomentumTitle: Soybean Futures ( ZS1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 1484.50
Pivot: 1409.75
Support: 1431.50
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is crossing under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly break the support line at 1431.50 where the 50% Fibonacci line is located before heading towards the Pivot at 1409.75, where the 38.2% Fibonacci line is.
Alternative scenario: Price may go back up to retest the resistance at 1484.50, where the previous swing high and 78.6% Fibonacci line is.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bullish MomentumTitle: Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1484.50
Pivot: 1409.75
Support: 1431.50
Preferred case: The current bias for ZM1! on the H4 chart is bullish . To add to this bias, the price is currently trading above the Ichimoku cloud , indicating a bullish market. Overnight price had some bearish momentum, with the price currently trading at 1447.25. If the bullish momentum continues, expect price to possibly head towards the resistance at 441.4, where the previous high and 100% Fibonacci line are located.
Alternative scenario: Price may head back downwards breaking the 418.8 support level , where the 50% and 23.6% Fibonacci lines are located, before heading towards the pivot line at 1409.75 where the 38.2% Fibonacci line is located.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum Title: Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1484.50
Pivot: 1409.75
Support: 1431.50
Preferred case: The current bias for ZM1! on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud, indicating a bullish market. Overnight price had some bearish momentum, with the price currently trading at 1455.00. If the bullish momentum continues, expect price to possibly head towards the resistance at 441.4, where the previous high and 100% Fibonacci line are located.
Alternative scenario: Price may retrace downwards and head towards the 418.8 support level, where the 50% and 23.6% Fibonacci lines are located.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum Title: Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1484.50
Pivot: 1409.75
Support: 1431.50
Preferred case: The current bias for ZS1! on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud, indicating a bullish market. If the bullish momentum continues, price may head towards the resistance at 1484.50, where the previous high and 78.6% Fibonacci line is located.
Alternative scenario: Price may retrace downwards and head towards the 1431.50 support level, where the 50% Fibonacci line is located.
Fundamentals: There are no major news.
Soybean Futures ( ZS1! ), H4 Potential for Bullish MomentumTitle: Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1484.50
Pivot: 1350.00
Support: 1407.75
Preferred case: On the H4 chart, the overall bias for ZS1! is bullish . To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Overnight price had bullish momentum upwards with price currently trading at 1449.75 at time of writing. If this bullish momentum continues, expect price to head towards the resistance line at 1484.50, where the 23.6%, 78.6% Fibonacci lines and 61.8% Fibonacci projection line are located.
Alternative scenario: Price may retrace downwards towards the the support line at 1407.75, where 2 of the 38.2% Fibonacci lines are located.
Fundamentals: There are no major news.
Soybean Meal Futures ( ZM1! ), H4 Potential for Bullish MomentumTitle: Soybean Meal Futures ( ZM1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 441.4
Pivot: 404.5
Support: 418.8
Preferred case: The current bias for ZM1! on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud, indicating a bullish market. Overnight price had some bearish momentum, and it is currently trading at 1409.50. If the overall bullish momentum continues, price may head towards the resistance at 441.4, where the previous high and 100% Fibonacci line is located.
Alternative scenario: Price may retrace downwards and head towards the 418.8 support level, where the 50% and 23.6% Fibonacci lines are located.
Fundamentals: There are no major news.
SOYBEAN // a zone to break before shortThe market made a sharp impulse wave down in June, then it built up a countertrend. A break of this countertrend is valid already, it just thought it would go for another corrective round before... we'll see :)
All-in-all, important levels are marked on the chart, the short trigger zone is to be watched closely, and to be modified in case the countertrend remained valid, as it is now, and built another waves up.
Trade safe! ⚪️⚫️
--------------------------------------------------------------------------------
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!
Remember that trading is a business.
SIZE your TRADES according to your risk aversion!
----------------------------------------------------------
Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum Title: Soybean Futures ( ZS1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 1484.50
Pivot: 1350.00
Support: 1375.75
Preferred case: The current bias for ZS1! on the H4 chart is bullish. To add to this bias, the price is currently trading above the Ichimoku cloud, indicating a bullish market. Price had some bullish momentum upwards toward the end of last week, and it is currently trading at 1409.50. If the bullish momentum continues, price may move towards the resistance at 1484.50, which contains the 23.6% and 78.6% Fibonacci lines. There is also a 61.8% Fibonacci projection line there too.
Alternative scenario: Price may retrace downwards and head towards the 1375.75 support level, which is just below the 50% and 23.6% Fibonacci lines.
Fundamentals: There are no major news.