SOYBEANS Supply And Demand Trade Idea
See the picture for analysis.
SELL:
-We have price sitting inside daily supply right now so we can look for shorts on lower timeframes.
BUY:
-Possible long buy setup that broke daily downward trend lines + removed opposing supply. OR wait or price to pullback into daily demand and look for buys on lower timeframe with confirmation.
-Bullish commodities with inflation/so-called food crisis.
Let me know your thoughts.
SELL:
-We have price sitting inside daily supply right now so we can look for shorts on lower timeframes.
BUY:
-Possible long buy setup that broke daily downward trend lines + removed opposing supply. OR wait or price to pullback into daily demand and look for buys on lower timeframe with confirmation.
-Bullish commodities with inflation/so-called food crisis.
Let me know your thoughts.
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