TomProTrader

SOYBEANS watch for a buy.

Long
TomProTrader Updated   
CBOT:ZS1!   Soybean Futures
10
Hi guys,

The ZS1! soybeans looks good for a buy. Lots of technicals supporting upmove. A breakout would confirm nice upside. Use your tested trading strategy to trade this move, if you don't know where to enter and exit this trade, you are NOT ready to trade live funds.

All the best,
Tom
Comment:
Watching for a setup here to the highs. It's worth noting that I have a similar view on another commodity with a great setup. I will be posting that commodity here!

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Comment:
Nice continuation move to upside. Watch for set up and buy using your own tested trading strategy.

Expecting a nice profitable move from this one.
Comment:
Price ranging well, could be ample time to seek a buy setup. Alternatively, price could test bottom of structure first before the next up move.
Comment:
Looks like it is testing as support again before the possibility of next up move. If it break the prior support and break down, then this set up will be considered invalid and we should cancel any buy setups.
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