Soybeans is one of my favorite products to trade because of it just keeps on trending & always has reliable great setups!
Just wait for the breakout on the 4 hour & the pullback ! simple
Good luck,
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To the left we can see an impulse! now are in an correction. All you have to do to get in this trade is WAIT!, If it breaks don't rush into the trade just wait for the pullback it's the safe way to trade these setups. After the pullback occurs we simply wait for a close over the 10EMA then go! Simply & Easy
I believe that successful trading strategies rely heavily upon identifying consolidation zones. Consolidation zones provide us the right direction of the market. Consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be a continuation or reversal.
It requires...
i see a strong falling and reaction to s/r zone but it did not return to upside ...
enter to SELL position after breakout and closing below 9.3
sl = 9.5
today is a strange day, i founded a bullish butterfly for the soybean. pay attention the butterfly it`s valid also at the price 9.1632 so before open the trade see the price and the candlestick. if you agree write comment and follow. good we
