Get started
larry47

Soybean is about to have a bullish breakout

Long
CFDs on Soybeans (OANDA:SOYBNUSD)  
larry47 Updated   
OANDA:SOYBNUSD   CFDs on Soybeans
Trend Analysis Wave Analysis SOYBEANS
1
0
trendanalysis waveanalysis soybnusd
Based on that soybean has bottomed near 8.5 during end of 2015, the subsequent rise to 12 is an impulse wave, followed by an ABC correction to 9.

Since Jun 2017, we have another impulse to 10.4, followed by a correction to 9.15.

Recommend: Long with a tight stop loss
Comment:
Soybeans going up as expected
Comment:
Soybeans are going higher as expected
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.