We had a five wave move to the upside with an extended 3rd wave. I will be looking for a corrective move to the downside once I get a B wave I will target the 1.272 fib extension for a smaller risk short position due to the overall trend being up. After this correction I will be looking back long for Soybean.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.