machintose

Week 21: ZSN2021 Let's flip it in the swap zone

Long
machintose Updated   
CBOT:ZSN2021   Soybean Futures (Jul 2021)
Our trade last week was successful, it takes a week to finally hit our Profit Target.
Now the price is reaching the flip zone or demand zone; I would anticipate the price will have some rejection in this area.
This week we will LONG ZSN2021, here is my trade:

Buy now at market
SL is at $14.86
TP is at $15.45
RRR = 2.45R

Always move your SL when:
1. You see a higher low, and ...
2. Your position is in the profit area.

Hit me in the comment below for a discussion if you have any questions.
Trade active:
Today no Higher High, move the SL to our Entry Point.
Trade closed manually:
Closed manually at $1545, after this Gap Up, the price may range down.
We take the profit and find another opportunity.
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