The prices are at the lows and the structure shows a rejection at low prices and, it´s ready to launch the price to the upside and recover part of its year looses. Good luck!
The soybean seems to be entering the Bull Run depending on the technical and fundamentals. The Divergence is seen on the RSI charts; Wherein the Seasonality and smart money positions are also signaling a possible turn around into a bull run for the SOYBEAN.
What are your views ????
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...
Weekly chart, wheat cash contract is trading in a falling wedge!
Will we see the 435 - 400 price level or rebound upwards from 520 - 525?
It is tough to confirm.. However, this falling wedge pattern has a higher probability that the price will cross the resistance (line R) upwards towards 745 and 765 in the long term.
seeing strong trend/local support zones, a bounce here and rally to 1476-1604 targets is very possible scenario!
break below 1127 is invalidation and we can expect dip before more rip..
boost and follow for more.. thanks 💝
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! ❤️🔥
After a failed rally, it fell down the break the last low and is now grinding out a bottom. This looks like a good opportunity to long by buying small positions every week for next few months.
There has also been a completion of a three-wave correction, which helps to further strengthen the case that this could be in the final bear stage.
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
The price has broken through the downward trendline, which is drawn by connecting the lower highs on the price bars. The breakout indicates a possible end to the downward trend and may suggest a change in momentum.
Soybeans, those humble legumes that power our burgers, biodiesel, and even some makeup, are about to get a serious adrenaline injection. Buckle up, buttercups, because the soybean price rollercoaster is about to take off, and it's not gonna be for the faint of heart.
The quarterly report is done, bearish as fiddlicky shizzer. Good riddance out of the way. It...
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, I share with you my thoughts on soybeans. Currently, in a strong decline, I have filtered out the next long position for you. Entry and finish positions are marked. I myself trade these raw materials without risk x1, but also partial profits up to x10. Good luck
WHEAT: BOUNTIFUL HARVEST SOON... if you seed at the current price range.
KEY NOTES:
WEEKLY DESCENDING TRENDLINE BREAKOUT.
Monthly shifting price lines. HUGE HINT!
Weekly histogram higher lows.
MONTHLY HISTOGRAM SHIFT -- CLOSING UP TO BREAK SOON.
SEEDED LONG (long term) 628.0
TAYOR.
Safeguard capital always.
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WSJ...
Live swing trade in wheat. I am very curious about the result because it is December 1 and exactly at this time the seasonal tendency is to have a strong fall in the first days of December, after which the rest of the month is bullish. My curiosity is if this crash will not happen again due to technical reasons.
