Corn symmetrical triangle upside break

2 May 2017

Corn has broken through the upside of a symmetrical triangle, driven by disastrous weather reports across the US. Prices are anticipated to hit 3.752, thereby completing a bearish gartley pattern. It is expected that prices will then travel down to 2.653 which is a 38.2% retracement of AD of the gartley pattern, retest the triangle before moving further higher

4 May 2017

Not

bullish pennant

4 May 2017

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