mljones
Long

Week Plan - Bullish but not chasing breakout

CBOT:ZS1!   Soybean Futures
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Is forming a flat top triangle which looks like it is going to break out to the POC above.

However this does not mean buy the breakout, I am only interested in going long from below the value area low. It looks like it's choppy at the high vol area right below the breakout zone so this is an especially bad place to buy for a long.

Looking for it to run stop to the downside, will look for long at value area low which then gives it a target at the POC .

Looking for longs around 834'6
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