Long
SOYBEANS MEAL, COT ANALYSIS, LONG
Yellow box, buy-zone
Cot net long position is not "so net long", but charts shows very good price action support plus SOYBEANS net long position seems signaling a reversal. So using positive hystorical correlation between SOYBEANS and SOYBEANS MEAL this point could be a good entry point with very good R/R.
Cot net long position is not "so net long", but charts shows very good price action support plus SOYBEANS net long position seems signaling a reversal. So using positive hystorical correlation between SOYBEANS and SOYBEANS MEAL this point could be a good entry point with very good R/R.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.