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.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: www.facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: www.instagram.com/jaylen.forex/
Website: www.forexshinobi.com
ForexShinobi
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.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: www.facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: www.instagram.com/jaylen.forex/
Website: www.forexshinobi.com
ForexShinobi
