Corn (I see the potential good R:R)

View On Corn (2 March 2023)


We had an extreme sell down recenly and it has eatn some strong stop loss that are place near $630 region.
Now the support get broken but the price still manage to swing above that level.

So, I am expecting the recent sell down might be an stop hunt move.
If it is the case, we must be the return of Corn price and it can go to $650 region soon


Let's see

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Trade closed: stop reached:

Dead Wrong on this.