Soybeans looks like they are almost finished consolidating and ready to start moving up. Slowly they have been making a bearish move again after the last major pull back.
Below is the chart with the Entry, Stop, and Profit targets. Right now, the risk is huge but we want to make sure we don’t get stopped out on the same day we enter the trade. The stop will be adjusted once the trade is entered. Currently, the stop is the Tenkan Sen minus a buffer.
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