About meHi, I am new to TradingView. I trade US Futures and Stock Market.
I always believe trading ideas should be simple based on what we see and not overly analysis. Welcome to share trading ideas and learning from each other.
- ZC looks like forming a Ascending Triangle pattern which is not perfect, also looks like Rounding Bottom
- Higher Lows shows Bulls are willing to buy at higher price
- The Ascending Triangle/Rounding Bottom are sign of Accumulation phase
- R1 is strong Weekly Support level since 2015
- Corn tends to peak at the middle of year (May...
- The strong trendline is broken, showing the uptrend is over, but doesn't means trend will reverse.
- In 4Hr timeframe, we can see after the trendline is broken, price retest R1 again but failed to move higher/breakout.
- It looks like moving in range between R1 and S1 in 4Hr TimeFrame, with Lower Highs (No lower Lows) forming a trendline...
- 6M has been in consolidation since late of March, and currently it is forming Ascending Triangle pattern in low and high Timeframe
- Ascending Triangle with higher Lows and same Highs at 0.0421, which is bullish pattern
- 6M has plunge 28.6% from the High, with now trading at record Low in history
- Enter Long at first pullback when...