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SOYB (Soybean ETF) Long Trade Setup

SOYB (Soybean ETF) will trigger a long entry on a break above the bullish falling wedge pattern (white downtrend line). Prices targets listed on chart are adjusted for optimal fill (set slightly below the actual resistance level/expected reversal points). Suggest stop TBD depending on the entry price. A daily chart of $SOYB (Soybean Spot Prices) has also been included below.

SOYB daily Jan 8th

SOYB daily Jan 8th

$SOYB daily Jan 8th

$SOYB daily Jan 8th

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Jan 8, 2016 10:54am|Categories: Completed Trades - Long, Gold & Commodities|Tags: |Comments Off on SOYB (Soybean ETF) Long Trade Setup