Short Soybeans

SL @ 9.266
TP1 @ 1:2 RR
TP3 Trail SL

Soybeans has reached it's 6 months upper range. Don't over capitalise in this short, price tried very hard to break to the upside of its range earlier but didn't succeed. Wider SL than usual (placed above weekly upper true range) due to volatility. Look to carry the trade to the trendline.
Trend Analysis

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