At this stage I have the confirmation to buy in again. Not much to say, just look at the previous ideas for the fundamentals. Trends and patterns in grain auctions, local meat production and corn production are all indicative of stronger grain demand by China in the coming years, reported S&P Global Platts. reference
No, it's not a cryptocurrency poised to double in price, it's just the price of CORN (yes, the one we eat). You can make Fajitas and Tacos with it🌮, use it as a topping on your pizza or eat it on the cob 🌽, you can even go ''pop'' in the cinema🍿. Also your cornflakes Tony🐯, yes! Over resistance, tested it as support and not gonna stop until it approaches the...
Will update with macro and COT analysis later on.
Observations on the chart. Perhaps sell the retest and failure of the nexkline. Of course it can keep on going too
weekly strong sell off daily weak retrace entry on the break of Counter trend line
Corn baby, CORN!!! We have talked about Bitcorn, since Corn has been rising faster than Bitcoin. We talked about pop-Corn and watching Corn rising like Superman Well, it's time to stock up on your Kellogs people. This Price is going to 900 (check our previous idea below) the CornProfessor ps. this is my favorite breakfast: www.kelloggs.co.uk Thank you Tony,...
Corn is not a cryptocurrency, to begin with. For some of you all you trade is cryptos. I could understand that up to a degree but it is SO wrong. Cryptos should be a part of your trading/investing, you should always diversify and keep your eyes open for opportunities in other categories like commodities, shares, indices, etc etc Well, here is the update on...
we currently have an ascending channel pattern on corn futures .in order to trade this asset with low risk i will first wait for the daily close above resistance 2. wait for the price to pullback and test the backside of the broken resistance thus making it support 3. move to a lower timeframe (1h) for entry
D1 uptrend H4 wedge, with upside break-out retracement Formation of smaller wedge Price now at support
Ascending channel in weekly chart is going to be broken soon, since RSI is 75, and RSI divergence has formed, technically we expect to see the price in lower levels soon but fundamentally it is still likely to go up to the end of march. But I doubt price goes up more than 600 since Argentina is going to terminate its export ban since the coming week and COVID-19...