machintose

Week 7: ZSH2021 Let's wait to SELL again

Short
CBOT:ZSH2021   SOYBEAN FUTURES (MAR 2021)
My overall sentiment is still Bearish bias.
Today the opening price jumped 14 points and the bull kept running to the nearest Supply Zone .
In general view, the seller is still strong and therefore, we participate in selling too.

The nearest SELL area is between $1,395 and $1,400 (5 points zone), with a Stop Loss at $1,411.
Our first Take Profit level is at $1,375 (2.27R).

What if the price did not hit the Supply zone at $1,395 - $1,400 ?
Then we have to see the Price Action movement and market structure. Good Luck!
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