大豆差價合約
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Soybeans Head and Shoulders Setting Up?

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The chart for Soybeans looking very attractive right now. On the daily chart, we have an engulfing candle at a major flip/resistance zone. This has garnered the attention of any technical traders.

Moving down on the 4 hour, we get a clearer picture. We have been in a nice uptrend with multiple swings, higher lows and higher highs. This trend began to exhaust at the resistance/flip zone and we have had multiple red candles.

Looking for our first lower high confirmation here, and this would come in the form of creating a head and shoulders pattern.

So overall many good confluences for this trade, just awaiting the break of the neckline/support.

Would be looking to take profits at the 9.00 zone on this instrument. Around 935 on futures.

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