Double-bottom -> break-out -> break of the descending trendline -> now a re-test of the trendline and MA's -> I think we will be soon ready for a bullish move!
Trade active
Plays out like it should. Awaiting the high in CORN in April/May. Let's see.
Note
Bullish consolidation in CORN price movement. I expect the price to consolidate a few days more (within the blue triangle) and then continue the trend by breaking the triangle.
Note
Bullish trend running in ZC futures. I'm awaiting the next resistance at the old highs around 680-700 USX (and finally by 735 USX).
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