MoneyballAustin

CORN Short Supply And Demand Idea

Short
PEPPERSTONE:CORN   Corn (Cash)
See Picture For Analysis:

Higher Timeframe (Weekly)
-Price inside weekly Supply-
-Trend = downtrend
-Price below 200MA
-Look for shorts on LTF (Daily)

Lower Timeframe (Daily)
-Daily RBD supply located at extreme of HTF weekly supply
-Valid for short or waiting for new LTF (1hr/30min/15min) confirmation.
-Strong confrimation.

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