After showing a sharp movement, SOYBNUSD is accumulating at the top of the wedge and ready for a break out. Watch it tightly to catch a next movement. Ideal entry at 8.8, short term target at 9.3, stop loss at 8.6
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A flag pattern also goes to the end of set up, can early entry at 8.7 for aggressive trader or wait to break out confirmation. Stop loss at 8.6
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Time to scale in, stop loss still at 8.6
Trade stängt: Stopp nått
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stop loss reached with a false break which commonly generated an oppotunity to re-entry. stop loss at 8.5