Olu

Corn: Breakout Might Be Imminent

Long
Olu Updated   
OANDA:CORNUSD   CFDs on Corn
Comments on the chart. To avoid participating in the 'price at resistance' shenanigans' traders might want to wait for a close above and retest of the breakout area. It is the safest option
Comment:
We have a clear close above the resistance line. Getting long is confirmed
Comment:
We have liftoff
Comment:
Price built on the breakout today. More upside expected
Comment:
Price continues upwards
Comment:
I would say that price action today looks like a successful retest of the breakout area. I am expecting price to rise from here
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