SOYBEAN // a zone to break before short

24 oct. 2022

The market made a sharp impulse wave down in June, then it built up a countertrend. A break of this countertrend is valid already, it just thought it would go for another corrective round before... we'll see :)

All-in-all, important levels are marked on the chart, the short trigger zone is to be watched closely, and to be modified in case the countertrend remained valid, as it is now, and built another waves up.

Trade safe! ⚪️⚫️


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ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!

Remember that trading is a business.
SIZE your TRADES according to your risk aversion!

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25 oct. 2022

Transaction en cours

Short trigger zone broken on the daily. Heading south until the weekly south breakout or the recent high on the daily is taken back by the buyers.

1 nov. 2022

Trade fermée: ordre d’arrêt atteint