Long

Soybeans Bullish Trend Analysis

Soybeans has bounced off of its higher low & looks as if it is getting ready to make another HL before an impulse move. Price is currently forming an ascending channel, a pullback to the 0.618 range on the Fibonacci chart can be a good potential set up for bulls to enter long.

-A bit of a dip

-Wait for appropriate price action (not guaranteed) before taking on any positions.
Chart PatternsTrend Analysis

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