Corn experienced a sharp decline supported by the recent higher than expected stock report. However, price is overextended and is supported by the recent low support level.
Long opportunity: Long at market reopening as High Risk trade towards 505.25 as Take Profit - 1 level.
Long opportunity: Long at market reopening as High Risk trade towards 505.25 as Take Profit - 1 level.
Trade active:
Initial Target reached. Second target as per chart.
Initial Target reached. Second target as per chart.
Trade closed: target reached: