Comments on the chart. Will only get long if price closes above 9.65 on this chart. When that happens price will also be above the 2 EMAs which will be another bullish technicality. If price takes out the low of the bullish candle whether I get an entry price or not the idea is off
Based on that soybean has bottomed near 8.5 during end of 2015, the subsequent rise to 12 is an impulse wave, followed by an ABC correction to 9.
Since Jun 2017, we have another impulse to 10.4, followed by a correction to 9.15.
Recommend: Long with a tight stop loss