SOYBEANS WEEKLY ANALYSIS - PRICE HAS FINALLY BROKEN OUT OF RANGE
Finally! Soybeans has broken out of the range its been trading at on the weekly time frame for almost a whole year. Wow.
Will price continue to go up? Probably, I'm going to wait for a delicious retrace before entering long. Now since this is on the weekly time frame this might take a week or two before a setup emerges.
Be patient, wait for confirmation, wait for the bulls to show their hand and the bears to fold. Trade with the trend friends.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.