7pasos

Corn seems ready to take off would say Mr Tanaka

Long
CBOT:ZC1!   Corn Futures
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In strong upside trend, and after a 50-61% fib retracement, the Ichimoku shows support under the actual price, the strenght in favor of the bulls and a wide open buy signal.

So i propose longs once the price gets over the last recent high, at least till the 97 high.
Stop close only under the 44.5 (to have an aproximate risk reward of 1 to 2.19 ratio.

Comments

The price never went up to the entry level so there was no trade and there for no loss
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