seeing strong trend/local support zones, a bounce here and rally to 1476-1604 targets is very possible scenario!
break below 1127 is invalidation and we can expect dip before more rip..
boost and follow for more.. thanks 💝
The soybean seems to be entering the Bull Run depending on the technical and fundamentals. The Divergence is seen on the RSI charts; Wherein the Seasonality and smart money positions are also signaling a possible turn around into a bull run for the SOYBEAN.
What are your views ????
Soybeans, those humble legumes that power our burgers, biodiesel, and even some makeup, are about to get a serious adrenaline injection. Buckle up, buttercups, because the soybean price rollercoaster is about to take off, and it's not gonna be for the faint of heart.
The quarterly report is done, bearish as fiddlicky shizzer. Good riddance out of the way. It...
Hello investors, I share with you my thoughts on soybeans. Currently, in a strong decline, I have filtered out the next long position for you. Entry and finish positions are marked. I myself trade these raw materials without risk x1, but also partial profits up to x10. Good luck
Unfortunately, the first trade didn't reach the starting price, but I got in later myself. The first version of the trade is now very likely to be true.
Buy at 1320-1330
Stop at 1310
Here is my idea based on the daily chart. Currently this idea is only for technical reasons, I will explain this idea of the complete 4h route in more detail in 2023.
SOYBEAN FUTURES - MONTHLY SUPPLY AND DEMAND ANALYSIS
Soybean sold at Monthly Supply Zone -> Destiny: Monthly Demand Zone
I suggest make the following probable trades:
- Sell Soybean until reach Monthly Demand zone
- Buy Soybean from Monthly Demand Zone until Monthly Supply Zone
SOYBN/USD Long
• If price impulses up, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with 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 materialises.
• If there's any ambiguity...
Basis the Kondratieff cycle position we are currently in the summer season (The season of high inflation) which means higher commodity prices. If the preceding Kondratieff cycle is used as a reference or analog we will realize that during the early portions of the summer season agricultural prices advanced the most up to a point (1973) which was then followed by a...
Just a clean setup:
1. Textbook symmetrical triangle pattern.
2. Breakout below the lower side of the triangle.
3. Price trading below the key EMA
4. Upcoming areas where the bulls are expected, as highlighted.
5. Wait for candle closure for confirmation.
6. Remember that no one holds a crystal ball. The future is unknown, reality is too complex. This is why...
Positive Confluence Factors... (12)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present?
6. Near miss present (below price if looking to get short, or above price if looking to get long)?...
Positive Confluence Factors... (12)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present?
6. Near miss present (below price if looking to get short, or above price if looking to get long)?...
The Moving Average Convergence Divergence (MACD) indicator is one of the most popular technical analysis tools in use by traders today. It is a momentum indicator that helps traders to identify changes in the strength, direction, and momentum of a security's price action. The MACD indicator is widely used in technical analysis and can be applied to all asset...
Positive Confluence Factors... (13)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation?
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)?...
