stew_33

2618 trade possibility on Nov soybeans

Long
CBOT:ZSX2016   Soybean Futures (Nov 2016)
2
If we hit the .618, a buy there and then hold for the 1.414 on the fib ext. This is also a complete abcd pattern as well. Stop at or below 940. makes the risk/reward ratio 1 to 2 at the 1.272. Even greater at the 1.414. bullish divergence on the rsi. Strong structure in the market at the 10.16 level and also around 982 level
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