TraderPig
Long

Soybean Daily Downside Channel Breakout Pullback LONG

OANDA:SOYBNUSD   CFDs on Soybeans
Soybean is significantly above the psychologically key 900 whole figure level and downside channel in the daily time frame.

In the 4H chart, the upside channel is formed and we consider BUY soybean . The MACD also gives another reference to help confirm the trade.

We are waiting for the pullback to the structure support combine with 0.618 retracement .

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