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Kumowizard
Jan 17, 2017 7:18 AM

Bullish bias. What else do we need? Long

Corn FuturesCBOT

Description

Ichimoku setup -> Bullish:
- price above Kumo and Kijun
- Forward Kumo bullish
- Tenkan/Kijun bullish
- Chikou Span is about to cross above past candles. This is what we need for final confirmation, and then price action would also push all average lines pointing up

Heikin-Ashi -> Bullish

EWO -> Bullish

MACD -> Bullish

What else do we need for a leveraged long position? Some momentum gain, which would come with a confirmation close above 362!

(Note: Stop for my initial long position is trailed to 350)
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