aminearga

Price Action Analysis of Corn Futures

CBOT:ZC1!   Corn Futures
as we can see the apparent divergence was shown between April 2021 and April 2022.

followed by a drop-down below 0.236 Fibonacci level.

the price is still moving in a trading range which makes it hard to predict his next move.

Break bellow MA 209 with Big Volume signal a short entry.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.