machintose

Week 25: ZSN2021 We are still on Shorting mode.

Short
CBOT:ZSN2021   SOYBEAN FUTURES (JUL 2021)
Last week prices went down hard, I didn't anticipate to go down that fast. It broke the structure and the major trend is now a Down Trend.
There more opportunity to short the market until it reaches $12.93

Here is my trade this week:
Sell Limit at $14.37 area (you can short now too)
Stop Loss at $14.76
Take Profit at $12.93
Risk Reward Ratio = 3.68R

Good luck!