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One of the most exciting chart pattern in grains market is in Oats July 2013 futures contract. This massive symmetrical triangle is likely to break upwards with strong momentum. I posted similar chart patterns earlier on Soy Meal, GBP [2] and Copper [3]. All of them formed perfect symmetrical triangles and were followed by strong breakouts. Oats is a good candidate for a medium/long-term directional move. Breakout above 400 levels will generate a buy signal and medium-term stop-loss will stand at 350 levels.