I'm actually talking about the real commodity here. Interestingly it has a nice base and daily trend signal here, which has decent upside vs risk. I'm long since last Friday, near the open using July corn futures. Looking for a move towards the target on chart in time. This could be a major bottom, so, probably interesting to see if we can keep a part of the trade...
Updated View On Corn (30 MARCH 2020) After years of sideway and range bound movement, we are expecting Corn (Food price) is going to get a lot more expensive. It may not happen immediately and it may take time to unfold. But the potential reward can be great. Let's watch them closely! DYODD, all the best and read the disclaimer too. Feel Free to "Follow",...
CBOT:ZC1! Large Specs/Money Managers are net short and Commercials are net long now. This tends to be bullish if it broke out of TL resistance(Colored in purple). Let's wait for confirmation. Until then trend is clearly down based on MAs(13, 50, 200MA direction)
We broke out of the negative trend line, backed up by higher low's indicated by the yellow increasing trendline, and a higher local high. For sharp entry: Wait for retracement till the horizontal line which acted as S/R recently, or wait till it retraces till the trendline. For strong conviction: Market order to get the length since it seems a new trend has...
Hello everyone, today I have a great opportunity from commodity markets for you. CBOT:ZC1! broke from the long term trading range, but the lower prices were rejected and there are two Pinbars on the weekly chart. Also according to Commitment of traders index the large players are going long which makes it a very interesting setup for buyers. Do you also watch...
Grains tend to hit their seasonal lows here in early May, as we get into the critical May-June growing season. On the daily chart, corn has traded down from it’s 460’0 highs of last year, using a 50% HWB short at 402’2 to make the run down to it’s Fib objective of 316’6. With price and timing lining up for a bottom here, we are looking for 50% Half Way Back...
Hi there. Price is forming a reversal pattern to change its direction. Wait for the price to complete the pattern and watch strong price action for buy.
hi guys this is what i'm looking at now. again we have seen some slow and choppy price action showing but there's a few i can see developing into better structure and are very close now i will keep you all updated !
Hello everybody, Here is my chart analysis for Corn Futures. Monthly timeframe & long-term vision. Since its historical top at 806'4 Corn is on a downtrend. Its bearish potential is really interesting. Nevertheless, 300'0 price level could be the next support. Indeed, Corn has been drifted in a range area between 320'0 & 440'0 since July 2014. If the actual...
Kumo-Breakout on the daily for Bitcoin. Supertrend gives a long signal. I am cautiously bullish because we are right under the EMA200 on the daily (and touching it on the 3D). I want to see the EMA200 flipped and the Chikou-Span breaking out the Kumo to become full on bull. Kumo-Breakout, Trendindikatoren signalisieren long. Bin vorsichtig bull, weil wir noch...
Consolidation in the cloud and the fast color changes n the trendmaster are a sign of indecision. I wait for the Kumo-breakout to define my bias.
Bitcoin just wont die. I am willing to admit that there a chance I could be wrong about BTC going down. However, I can see 2 scenarios here where we could go up a little and then down. But if we get above $7500 the statistical likelihood that we run up to $8500-$8600 is good. There is a big volume well between 7500-8500.
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Commentary on current Bitcoin action and why I think it's the time to buy. Like and comment if you would like me to make a video analysis on any particular coin or stock/index. Thanks
Dates in the future with the highest probability for price direction reversals
looking for an avg entry between ~ $9.78-9.8 with a TP ~ $9.3 (.382 fib level). nice short term RR of 5.35. red line is daily close.