MaryJane

H&S vs. bullish wedge: and the winner is...the wedge!

CBOT:ZC1!   CORN FUTURES - ECBT
36 0 9
The strong Support (neckline was bought) an the wegde got triggered. Corn             moved up to th             fibo 50. Nice!

Former analysis
Who will win the game?
Corn             reached a Pivot Support Level @ 347. Below that Level i exspect a further downmove to the former low @ 318
Should the bullish wedge be triggered, a dead cat bounce till 383 (38,2 fibo) can be exspected.
Worst Case: If the H&S will develop, the Worst Case TP would be @ 250
https://www.tradingview.com/chart/ZC1%21/hSmVdTff-H-S-vs-bullish-wedge/
snapshot
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out