Soyaoil resdy for upside breakout buy on dip near support How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 11.4% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 21.4% to 23.6% range then early
Contract highlights
Unlocking Opportunity: Soybean Oil's Reversal Sparks InterestSoybean Oil Futures Analysis:
Current Price: $52.71
Soybean oil has consistently been an appealing asset, having traded near the year's high just six months ago. Recently, the commodity experienced a notable downtrend, dropping from $64.80 to $48.01. However, a modest upward movement is now obs
SOYAOIL-We are in the wave 3) still 4) and 5) to go...Dear friends,
Don't follow me blindly...what i am sharing here, is my knowledge not signals
I am sharing my view through Elliott waves from past 4 yrs....i learned tons and tons here and market taught me lot and still teaching and i am listening to the market...and i am getting a lot of PM's regar
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Related commodities
Frequently Asked Questions
The current price of Soybean Oil Futures (May 2025) is 48.15 USX / LBR — it has risen 0.25% in the past 24 hours. Watch Soybean Oil Futures (May 2025) price in more detail on the chart.
The volume of Soybean Oil Futures (May 2025) is 175.00. Track more important stats on the Soybean Oil Futures (May 2025) chart.
The nearest expiration date for Soybean Oil Futures (May 2025) is May 14, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Soybean Oil Futures (May 2025) before May 14, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Soybean Oil Futures (May 2025) this number is 341.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Soybean Oil Futures (May 2025) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Soybean Oil Futures (May 2025). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Soybean Oil Futures (May 2025) technicals for a more comprehensive analysis.