"Short Setup on Corn (ZC1!)" by ThinkingAntsOk
4 Hour Chart Explanation:
- Price bounced on the Resistance Zone (check it on the Weekly or Daily Vision).
- Price broke the Ascending Trendline.
- Price is, currently, on a Bearish Corrective Structure (ABC Elliot Count).
- If it breaks it at 4,215, the Short Move will be started.
- Our targets for that down move are the two Middle Support Zone and, finally, the Weekly Support Zone.
Check our Weekly and Daily Analysis. They can be really helpful for you!
Weekly Analysis:
Daily Analysis:
- Price bounced on the Resistance Zone (check it on the Weekly or Daily Vision).
- Price broke the Ascending Trendline.
- Price is, currently, on a Bearish Corrective Structure (ABC Elliot Count).
- If it breaks it at 4,215, the Short Move will be started.
- Our targets for that down move are the two Middle Support Zone and, finally, the Weekly Support Zone.
Check our Weekly and Daily Analysis. They can be really helpful for you!
Weekly Analysis:
Daily Analysis:
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