ZL Long — $BOK6 ZL pulling back to breakout support at 69.0 afte

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ZL Long — $BOK6 ZL pulling back to breakout support at 69.0 afteSoybean Oil FuturesCBOT:ZL1!ivvixHTF 4h shows ZL in a clear uptrend from ~60 in late Feb to highs near 70.4, with each pullback finding buyers at higher lows. Price pulled back from the 70.4 HTF high to ~65.5 area Apr 13-14, then aggressively recovered — the April 16 session saw a strong breakout day with high volume (10k+ on the 08:00 bar) pushing from 68 to 69.5. Current LTF action on Apr 17 shows a healthy pullback from the 69.5 high back toward 68.0-68.1, followed by a weekend gap-up open Apr 20 at 68.86 and steady grind higher to current 69.42. The 68.5-69.0 zone is the breakout-turned-support level from the Apr 16 move. Symbol context confirms soy oil outperformance with biofuel/export demand. Entry at 69.0 on any minor dip toward that support level with stop below 68.5 (prior breakout base), targeting retest of 70.2-70.4 prior highs. R/R ~2.4:1. Volume on the recovery is constructive. No imminent catalyst risk visible. 📍 Entry: 69 🛑 Stop: 68.5 🎯 Target: 70.2 ⚖️ R:R: 2.40