Bullish clues: - Selling volumes were decreasing - Price reached support zone at 13.115 USD (demand zone) - Price crosses upward the 20 exponential moving average - Price crosses upward the bearish oblique resistance (end of the falling wedge) - RSI crossed the 50 level The price of US Rice could reach the strong resistance at 13.455 USD, which is exactly the...
Long and short ZR1! Activation of the transaction only when the blue zone is fixed/broken. The author recommends the use of anchoring fixed the blue zone, this variation is less risky. If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
Long market entry 13,18 SL 12,73 PT 14,1 BE 13,5 RRR 2:1 CBOT:ZR1!
ZR1! rice is declining as it consolidates in the triangle
Rice future on the daily chart moved inside a range for a long time. Recently the price broke the upper structure and move to the upside. According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
Hi friends the graph of this market shows with a high probability an upward trend towards the 18.340 level. but at the same time be vigilant to change the market by opposing
Target is 16.6.
A major 3 wave followed by a triangular consolidation followed by another major 3 wave? Rice is a basic human commodity needed by many to survive; interesting that it is rising despite the fact that many other agricultural commodities like soy and corn are falling. Much Love GL HF xoxo snoop
Wow, I can only imagine how high this is going to go up. Pandemic, supply chain issues, food shortages, economic, etc. Great hedge on fiat devaluation.