Soybean futures looking like accumulation.
Soybeans look like a solid R:R long right here. Even reaching the top of the accumulation, at $12.5 a point (for the micros, $12.5 a tick for full size Soybeans), looks like a good bet to me.
Trade active
I am currently long XKN targeting a daytrade level higher. If that target gets hit, then I'll look for a long add on a pullback.I want to play soybeans mostly long as long as they keep price above 820'0.
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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.