SOYBNUSD trade ideas
month and weekly vibesshown on the daily - the monthy is orange of bearish and weekly is a potential new long vibration from the weekly chart
Soybean Bearish ForecastSurprising turn on Soybean chart; it looked like as if it would spark another bull-rise, but bears have come to play from a technical viewpoint, -the 8.800 is a strong "resistance zone", even my rsi reports bulls might have a chance to continue...maybe.
Bearish forecast; -the 2-hourly.
can man stop the seasons from happening?no, ok...well we do not control the markets. we have IMPACT, but not control. very different.
Soybeans - Long Idea.I think there will be a supply and demand issue with soybeans. The China trade issues heating up. I see upside on this tasteless little bean.
I probably wont trade this, laying out the technicals here, I have a wide stop as things could get real hairy.
That is a 2.2:1 RR.
Gets your stop below that $8 level. And the price target below a weekly 200 EMA.
