TomProTrader

#ZS1!(SoyBeans): Bulls Active, Upside Expected Here!

CBOT:ZS1!   SOYBEAN FUTURES - ECBT
26 0 7
Soybeans             has had a morning star signal and a steep Fibonacci retracement , where the bulls have clearly acknowledged this level. This move could be in the form of a corrective or impulse leg, either way profit can be made from this move. It's logical now to wait for a retest of this previous resistance turned support line, and get retest trade to the upside.
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