LEONES
Long

March Soybean Long

CBOT:ZSH2013   SOYBEAN FUTURES - ECBT
190 8 1
After the low posted on 11Jan price has found resistance at 1500 and retraced to the current 1400-1430 level. Uptrend should resume at this point. Price is supported by the up-sloping parallel line and is inside the 0.618 Fib buy window. I would buy above 13 Feb high (1430) with target objective at next resistance area (1540). Ambitious but possible. If target is not reached before the end of the month I come out. Seasonal pattern also confirms a long position. Feed back please.
LEONES PRO
3 years ago
I have added few more comments.
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ozatrading
3 years ago
if buyers wont give up on 1415.25 then we have long here. if it gets below 1410 we would have a flush. (IMHO)
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ozatrading
3 years ago
as for now....we have active buyers...and we would see price higher.
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LEONES PRO ozatrading
3 years ago
good stuff!
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ozatrading
3 years ago
worked out GREAT!!!
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LEONES PRO ozatrading
3 years ago
perfect
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Nice lines! That was perfect
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Mytradersblog
3 years ago
Impressive !
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