RickVBlack

Live Cattle trade idea

CME:LE1!   Live Cattle Futures
LE1!

Potential long trade here on cattle, rejection off the 0.786 fib extension, though there is some trendline support potentially, so this can be longed on the trend, or if trend is broken, short. Be fluid, be water when trading. Limit bias and trade what you see.
Comment: 109 hit, exhausted supply sell orders
Comment: 110 hit

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