CHF/JPY: • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan...
NZD/USD: • If price pushes down to and ideally just below our lower rayline and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it. • If price pushes up above our middle rayline, it does so impulsively and a subsequent tight...
Trend Analysis The main view of this trade idea is on the 2-Hour Chart. Soybean Futures is experiencing a broadening pattern in the respective timeframe. This pattern comes with increased volatility as the trendlines are expanding outward. It is projected that the commodity will rally towards 1440, around the sighting of a gap lower. An indicative stop loss is...
I see price has had a great run up, this is the 4H chart but the daily is speaking to me. Price has confirmed by a small pullback and now showing rejection at the 50-61.8% Fib levels, price showing an engulfing pattern at those levels. Soybeans is a touchy commodity, I would think.. like all commodities right now, more upside.. but certainly room for a relaxation...
Hello Everyone, In case you trade commodities and Soybeans in CFDs... Even though the trend is decelerating and slowing down considering the previous HL(s), I forecast there will be another wave... Let me know what you think :)
**No Advertising nor financial advisor** Soybean and Wheat Forecast using Elliott Wave Theory. Potential 4:1 riskReward until 21st of december. // Trigo y Soya pronosticados gracias a la teoría de Olas de Elliott. Potencial de 4 a 1 en Riesgo/Ganancia hasta antes del 21 de diciembre 2020
It has been a long time since my last Soybean forecast. It is time to pay attention to this market. It is setting up for the decline. Commercials are heavily selling, the seasonal tendency is to the downside, and Insider Accumulation is turning bearish. So, if on Monday we get below Friday’s low, that will be a sell signal. However, it seems like it will take more...
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
Caught using my RJT averages tool this SOYBEANS trade keeps moving higher. 84 points locked in (pink line - 0.8*ATR). Currently 569 points in profit. Waiting for exit signal (close cross of upper channel). Continuation trade also executed and closed (continuation indication - TP white line) for 85 points profit (0.8 *ATR). DM for more info/access.
We already talked about coming decline in Soybean and finally, we are close to an entry. Commercials are heavily short and evaluation index shows Soybean is overvalued. If on Monday, we break below Friday’s low to form a lower high, that’s our entry. Otherway, wait till trendline breaks.
Hi there. Price is forming a reversal pattern to change its direction. Wait for the price to complete the pattern and watch strong price action for buy.
Im going to take a long possition on Soybeans. Gonna update when i close it.
I missed all the way down (linked idea), will try to load some longs in green areas. The higher green area for small position and larger position in the lower one. SL somewhere below 8.60 - pick your own risk level. Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Prices of Soybeans are seen to be above the minor resistance. (9.118) Although it may contain a slightly lower risk / reward ratio, it may be more profitable in low time-frame periods. Those traders who want to be more safe can enter after a period of 1-2 weeks if prices below the resistance status is clear. Furthermore, the highest basis of this analysis is the...
I'm tracking this one for some time. I'd go with shorts from marked red area with aim to dashed green targets (especially the lower one). Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Bearish soybeans with the break up the upward ML and high on the channel.
The chart for Soybeans looking very attractive right now. On the daily chart, we have an engulfing candle at a major flip/resistance zone. This has garnered the attention of any technical traders. Moving down on the 4 hour, we get a clearer picture. We have been in a nice uptrend with multiple swings, higher lows and higher highs. This trend began to exhaust at...