TradingView
TomProTrader
Feb 1, 2017 3:20 PM

SOYBEANS watch for a buy. Long

Soybean FuturesCBOT

Description

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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