nice div loooking to confirm on 3d. tapped oversold. huge gap above. think this could run up.
I know the inflation trade has been discussed and is possibly over, but CORN has been consolidating with higher lows and lower highs. If the trade is not over we could see a breakout to 780$. This is a hedge trade, corn has a lot of moving parts and the three biggest right now being demand for livestock, ethanol blending, and droughts. If traffic is picking up and...
Type : Bullish Rise Resistance : 800'0 Pivot: 782'2 Support : 770'6 Preferred Case: On the H1, price is moving above the ichimoku cloud and within the ascending channel which supports our bullish bias that price will rise from the pivot at 782'2 where the overlap support, 78.6% fibonacci projection and 50% fibonacci retracement are to the 1st resistance at 800'0...
Type : Bullish Bounce Resistance : 808'4 Pivot: 801'2 Support : 795'2 Preferred Case: With price moving above our ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 808'4 in line with the horizontal swing high resistance from our pivot of 801'2 in line with the 50% Fibonacci retracement and horizontal swing low...
CORN LONG - Buy Entry - H4 Chart Buy @ Market Symbol: CORN Timeframe: H4 Type: BUY Entry Price: Buy @ Market TP - BE - Resistance @ 774.91 TP - Resistance @ 802.92 Support @ 732.56
In looking at Corn, you know that Crop Planting in the Ulraine is in less than 60 days. Who here thinks that that is actually going to happen with what's going on over there?? If they can't get their corn planted, there could be some supply issues. Add the shipping delays that the world is experiencing and the price could continue to go up. How high? Not...
The same view on CORN as on WHEAT chart, we have a nice bullish market strucutre but looks like price is very exhausted and right now we should see a corrective movement down ito 700/600, we have a lot of bullish gaps on it's way and price should retrace to fill those. On a long-term perspective i am still bullish based on the fundamental context. What do you...
Last year we bought because of inflation. This year things are even more serious, there is a war between Russia and Ukraine. Column: Concerns rise over Black Sea spring crops amid Russia-Ukraine war: www.reuters.com Looks like Fajitas and Tacos🌮, Kellogs frosties 🐯 and other cereal , corn on the cob 🌽, even go ''pop'' in the cinema🍿 might become expensier. On...
in my last post, i called out the corn bottom via 👇 people told me some weird things about that call out, something along the lines of "no way bro" well we hit my target m8. are you going to short corn?
Double-bottom -> break-out -> break of the descending trendline -> now a re-test of the trendline and MA's -> I think we will be soon ready for a bullish move!
This CORN Etf is showing signs of accumulation. It will likely continue higher for some time.
Traders, This is the analysis of Corn Futures ZC. 1. Price made structure break which means more down side is expected 2. But the price can go back up perform a. Sell Order Collection b. Stop Loss Collection c. Retest few levels 3. We currently have a wedge pattern which getting squeezed. A break below will push it to the lower FCP zone. 4. A break above...
The season has begun - seems like corn has bottomed, broken the downward correction, and is now beginning to overcome the different MAs. According to the seasonality, we should see the high in corn around June-July next year. I expect therefore at least the reaching of the former high at 3.15 EUR. But you should of course take a deeper look at the underlying...
Big chance for breaking key level for corn. I will buy instrument only with low volatility higher our price and with Stopp loss not more than 1,5$. Good luck :)
ZC/ Corn Futures has been rejecting current level for the past few days. A couple months ago it completed a bearish bat pattern in where price reacted nicely and is currently retesting the area. Shorts/ Reversal is expected from this area.
I will buy corn futurese higher 540$, because this is very strong level and above this price everybody who sell from this level will close their short possision ("bears" will lose money higher this price) and all bulls start open their long possision so it should give us some impuls.Stopp loss not more than 2 $ and TP minimum 6 $.Good luck :)
the chart has all the descriptions ...................................................................................................................................