Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 675.00 Pivot: 661.50 Support: 654.75 Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to head...
On the H4 chart, the overall bias for ZC1! is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 676.75, where the 50% Fibonacci line is. Stop loss will be at 685.25, slightly above where the 61.8% Fibonacci line is located. Looking to take profit at 632.00, where the 50% Fibonacci...
On the H4 chart, the overall bias for ZC1! is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 676.75, where the 50% Fibonacci line is. Stop loss will be at 685.25, slightly above where the 61.8% Fibonacci line is located. Looking to take profit at 632.00, where the 50% Fibonacci...
Title: Corn Futures ( ZC1!), H4 Potential for Bullish Momentum Type: Bullish Momentum Resistance: 675.00 Pivot: 661.50 Support: 654.75 Preferred case: On the H4 chart with price crossing the Ichimoku cloud to the upside, we are looking for price to possibly head towards the resistance at 675.00, where the 50% Fibonacci line is located. Alternative scenario:...
On the H4 chart, the overall bias for ZC1! is bearish. Furthermore, the price is trading below the Ichimoku cloud, indicating a bearish market. Price has reached our sell entry point at 661.75, which is also the 23.6% Fibonacci line. The stop loss will be placed at 685.25, just above the 61.8% Fibonacci retracement line. The 50% Fibonacci line will serve as the...
Title: Soybean Futures ( ZS1! ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 1484.50 Pivot: 1409.75 Support: 1431.50 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is crossing under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 671.75 Pivot: 661.50 Support: 632.50 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head towards the...
The overall bias for ZC1! on the H4 chart is bearish . In addition, the price is below the Ichimoku cloud, indicating a bearish market. Price has tapped into our sell entry point at 661.75, where the 23.6% Fibonacci line is located. The stop loss will be at 685.25, just above the 61.8% Fibonacci line. The take profit point will be at 632.00, which is the 50%...
Corn has been in a range since aug. and I am willing to trade the range once more. The green arrows are good entry points, it is important that we reclaim the volume profile in order to capture upside momentum. The upside target is the green box, depending on how many contracts you may be trading its a good idea to scale out as we advance into the box. The red...
The overall bias for ZC1! on the H4 chart is bearish. In addition, the price is below the Ichimoku cloud, indicating a bearish market. Price has reached our sell entry point at 661.75, where the 23.6% Fibonacci line is located. The stop loss will be at 685.25, just above the 61.8% Fibonacci line. The take profit point will be at 632.00, which is the 50% Fibonacci...
Title: Corn Futures ( ZC1!), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 671.75 Pivot: 661.50 Support: 632.50 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head towards the...
On the H4 chart, the overall bias for ZC1! is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 662.75, where the 23.6% Fibonacci line is located. Stop loss will be at 685.25, slightly above where the 61.8% Fibonacci line is located. Take profit will be at 632.00, where the 50%...
Title: Corn Futures ( ZC1!), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 672.50 Pivot: 677.25 Support: 661.50 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. Overnight price had bearish momentum downwards with price currently trading...
Title: Corn Futures ( ZC1!), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 699.50 Pivot: 687.75 Support: 672.50 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly head towards the...
Title: Corn Futures ( ZC1!), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 699.50 Pivot: 706.50 Support: 675.00 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. Overnight price had bearish momentum downwards with price currently trading...
Title: Corn Futures ( ZC1!), H4 Potential for Bullish Momentum Type: Bullish Momentum Resistance: 715.25 Pivot: 706.50 Support: 675.00 Preferred case: On the H4 chart, we have a bullish bias. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Overnight price had bullish momentum upwards with price currently trading at...
10.29.22 The chart is framed for a long trade in coffee. I will be looking for evidence of BUYERS On Monday. I discussed the details here.
Corn has been on a downtrend for some time and this bear market is yet to complete. From analysis I predict further from current zone to the green lined zones currently below market. Trade at your own risk, I am not a financial advisor, just someone who shares ideas and planned personal trades!