Swing Long: Double Bottom + Higher Low + Up-Trending Channel

Technical factors:
  • Double bottom formed with a higher Low on the second retracement, which was also accompanied by volume accumulation.
  • Long-term upward trend (view weekly chart).
  • Up-trending channel in the medium-term.
  • Well-defined risk.
  • Low-volume node (LVN) that provides for an early/aggressive breakout entry (likely today).


Fundamental Factors:
  • WASDE yield estimates for beans this season are running high by more than two bushels per acre.
Double Top or Bottomfundamental-analysisParallel ChanneltechincalanalysisTrend Analysisvolumeanalysiswasde

Pernyataan Penyangkalan