AdamHong

CORN: Bullish Bat Pattern and Demand Zone

Long
OANDA:CORNUSD   CFDs on Corn
The CORN moved as expected in last 3 months.
Now a bullish bat pattern has completed near 3.40, which is also a monthly demand zone.
Meanwhile, the price has began to rally beyond this level.
So it is good to buy when the price pulls back.
Entry: 3.47
SL: below 3.33
TP1: 4.0
TP2: 4.4
TP3: even to 4.9

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