➡Ready for the following corn level? 💥

I'm still invested with the rest of my original position long in corn, but I'm ready to scale out completely. But just now, I've noticed that the highs and lows from yesterday and today COULD form a beautiful symmetric triangle. So in this uptrend, this could be a chart pattern that indicates a continuation of the existing trend in corn.

Not

The triangle was drawn a bit too narrow. Current version:

Not

If the next candle opens and closes also outside the triangle, the bullish case is broken and I'm expecting rather an correction in the corn price.

Not

Okay, seems like we are back in business. ;)

Not

Continuation of the bullish trend is now very likely.

Not

Price action looks a bit weak ATM. So it could be wise to extend the triangle like this:

Emir iptal

Setup no more valid- triangle broken to the wrong side.

p4917

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p4917 tarafından

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.