CORN has overextended correction to 5.74 from a high of 6.8. The overreaction is a bit on the unreasonable side with worst DROUGHT in years endangering world's supply. Price is back at 1.0 FIB level. This is beyond bargain / discount. Best to seed at this range. Based on monthly data, the 'trend shift' based on metrics hasn't changed. Reversal is on queue at...
Corn is closely approaching the red resistance line. Time to short? Our strategy is to: Short into resistance Long into support Are you going short or long?
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hard to consider longs here unless we reclaim support/488 level.. For now a dip to 350-400 is very possible before the next rally comes boost and follow for more.. thanks! ❤️🔥
Please pay special attention to the very accurate trend, channel and colored levels. Be careful BEST MT
Current Corn Short Entered originally, and admittedly prematurely, when we saw price touch the 61.8% fib retracement level. Entered a short position last month as price has been steadily falling since June last year. The falling price of corn is being caused by simply an overabundance of supply, and a lack of increased demand. On the supply side, we have...
I see that in the last 2 major tops in Corn futures had significant pops at the .786 fib retracement and never completed the H&S to baseline and my premise is that its baked in inflation and it will happen again truncated descent right here. Its in a wedge descending to a narrow point and ready to meander upwards steadilly or pop I also think food prices and...
Hello friends, attached I have located a trade for Corn. Low risk, good profit ratio, short term. There will be a movement next week. Pleace set After a good Entry your SL in the Profitzone Greetings and good luck
Just a heads up, I'm not a commodity expert, but I'm keen to give it my best shot. So, keep that in mind as we dive in! Have you been tracking corn prices recently? You might've noticed a halt at the $7.15 level, a mark set last September and October. Likely, a lot of investors decided to take profits at this level. All this is happening just before Friday's...
Hello investors, I analyzed Corn in relation to the last bearish trend. Things were turbulent on the raw materials market and we will soon reach the lowest point, if we have not already reached it. I recommend trading all commodities as a risk-free investment, i.e. only trading X1. Currently, almost all agricultural products can be bought very cheaply. I wish you...
Hello investors, check out my idea for corn. I mainly trade corn according to harmonious patterns. The hit rate in the 2 hour time window is very high. However, always remember to hedge your positions.
Corn Going Up after Bear Trap. Deep Bear Trap almost too deep to qualify. All other factors present. 5x Move.
Here I am neutrally bullish, we see a (possible) double bottom, which if it breaks the next level of resistance, could bring buyers and even greater interest. On the other hand, we must take into account that this correction is normal for grain, taking into account that the situation in Ukraine has calmed down and grain exports have resumed, thus all that growth...
HI Guys if CORN reach down 390usd probably I collect that for more than 15 % gain from its retrace action ........you see it is creating bearish flag currently. Gooooood Luuuuuuck
hello EVERYBODY..... ================== sometimes you can get chance to MAKE fast profit you found the right point to enter and exit... so depending on the strongest support and resistance lines.... we have that chance now to open long position. to 6.21 then to 6.41 and our SL will be on 5.60 ============================== good luck
bounce here and break of 645 should lead to some nice rally, break of 600 round number support is bad news for longs imo. boost and follow for more, thanks
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.
Positive Confluence Factors... (15) 1. LTF and HTF direction in alignment? ✅ 2. At edge of HTF structure (in green zone)? 3. HTF candlestick confirmation? ✅ 4. Trade setup visible on multiple time frames? ✅ 5. Break out of structure and a break back in present? ✅ 6. Near miss present (below price if looking to get short, or above price if looking to get...