Soybeans has been getting pummeled the past month with aggressive selling. the past few days, soybeans has experienced a final breather and has been in a smaller corrective wave. Currently at the top of the channel after this wave, looking to see if the channel holds, otherwise looking for a breakout and retest of the channel to the long side. If price holds at top of channel and a confirms price will move back down, looking to 860 855 level as that is a strong support level.
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Broke out of channel, trade not taken and invalidated免責聲明
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