I suspect Feeder Cattle will clear the resistance and go for a run towards the highs. People will always need to eat, trillions of dollars printed in the last year and weakening supply will likely make it happen.
Short GF1!
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 occurs at the...
The price breaks through the descending wedge it is walking by, and breaking the descending trend drawn from the top reinforces the price's rise again to levels in a liberated manner.
Long and short GF1! High risk
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...
Feeder Cattle Futures (CME: GF)
Trade : Buy
Entry : 139
Target : 157 (18, +12.95%)
Stop : 136 (-3, -2.16%)
Posted on Saturday, December 12, 2020
Note : Feeder cattle futures prices seem to be out of the bottom. At this point in time, target price could be 157 and support could be 136. Before the target price, 148 would be a resistance. It would be better to find...
GF1! is swinging up nicely and broke out the downtrend.
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Please don't trade according to the ideas, rely on your own knowledge.
Thx
CME
