I have been hesitating for 3-4 days wether to open or not some long position in Soybeans.
Finally I did it today, but as the big picture is still bearish, this position has to be treated as a counter trend trade, which means size is only 0,5 risk unit.
Weekly:
- Long term bearish ichimoku setup, but: Price got far below Kijun Sen (should attract it back), Future Kumo got very thin, as past 52 weeks volatility decreased, actually Senkou B (52 weeks average) is down to 972!
- Possible Heikin Ashi signal for a pull back.
- Obviously USDA report will be decisive today, but if comes positive then haDelta/SMA3 would move back above zero line and in coming weeks we could see a correction up to 950-970 supp/res zone.
Daily:
- Ichimoku setup is bearish, but if Price clearly closes above Kijun Sen, we may see some short covering, with a possible squeeze tgt to 925-950 zone initially.
- Heikin Ashi is bullish. Important to see if haDelta/SMA3 cross above zero can stay after today's report.
Finally I did it today, but as the big picture is still bearish, this position has to be treated as a counter trend trade, which means size is only 0,5 risk unit.
Weekly:
- Long term bearish ichimoku setup, but: Price got far below Kijun Sen (should attract it back), Future Kumo got very thin, as past 52 weeks volatility decreased, actually Senkou B (52 weeks average) is down to 972!
- Possible Heikin Ashi signal for a pull back.
- Obviously USDA report will be decisive today, but if comes positive then haDelta/SMA3 would move back above zero line and in coming weeks we could see a correction up to 950-970 supp/res zone.
Daily:
- Ichimoku setup is bearish, but if Price clearly closes above Kijun Sen, we may see some short covering, with a possible squeeze tgt to 925-950 zone initially.
- Heikin Ashi is bullish. Important to see if haDelta/SMA3 cross above zero can stay after today's report.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.