Weekly analysis for ZSF2021
Week 44: 26 to 30 October 2021
Soybeans is persistently soaring higher and higher, there was no sign of slowing down.
Even today, there is no strong seller sighted yet; looking at from the momentum movement, the market may show a sign of deceleration.
However, until we see a Strong Seller, then we can say that the momentum has changed direction.
Actually I won't rush to sell, because the data is not complete yet.
The only reason I will place a Pending Sell Order, it's because of the compression shape, or commonly known as ascending wedge.
Again, this is a risky trade, no reference to the left and let's speculate. We have a good RRR for this trade.
My personal trade call:
Sell Limit: $1,082
Stop Loss: $1,090
Take Profit: $1,047
Risk Rewards Ratio: 4.67R
Disclaimer:
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
Week 44: 26 to 30 October 2021
Soybeans is persistently soaring higher and higher, there was no sign of slowing down.
Even today, there is no strong seller sighted yet; looking at from the momentum movement, the market may show a sign of deceleration.
However, until we see a Strong Seller, then we can say that the momentum has changed direction.
Actually I won't rush to sell, because the data is not complete yet.
The only reason I will place a Pending Sell Order, it's because of the compression shape, or commonly known as ascending wedge.
Again, this is a risky trade, no reference to the left and let's speculate. We have a good RRR for this trade.
My personal trade call:
Sell Limit: $1,082
Stop Loss: $1,090
Take Profit: $1,047
Risk Rewards Ratio: 4.67R
Disclaimer:
The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite.
If you are benefiting from my trade opinion, please buy me coffee.
As always, move your SL when you are in the profit zone.
交易進行
Sell Limit is triggered.註釋
Move your SL guys, TP soon.交易結束：目標達成
Take Profit!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。