Week 47: ZSF 2021 Short Opportunity SOYBEAN FUTURES (JAN 2021) CBOT:ZSF2021 machintose Weekly analysis for ZSF2021 Week 47: 16 to 20 November 2021 After a long rally, retracement was formed (in a mini down trend channel) and it broke to fill the Supply Zone . There two ways to trade this formation: (a) Aggressive Mode Solely based on the Price Action and we can reap better Risk Reward Ratio by sacrificing a small risk. Sell Limit at $1,153 Stop Loss at $1,160 Take Profit at $1,124 RR = 4.14R (b) Conservative Mode We wait for the confirmation to enter, it is a very safe trade with a decent ratio. Sell Stop at $1,139 Stop Loss at $1,152 Take Profit at $1,124 RR = 1.31R Use your own judgement and risk factor to decide. My personal opinion, this week ZS will have a rather big movement and from there it will be many ranging days ahead. If you are familiar with "Cancan Setup", you may know what I am referring to. Disclaimer: The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot-sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee . As always, move your SL when you are in the profit zone.