Corn Gann squares / circles lol I made this a while ago. And just stumbles across it again. It looks nifty
ZC1! trade ideas
CORN - SHORTSame premise as before only opposite direction. Peak was set a while back, we are looking at deflation, like it or not, as the fed raises rates, HA !
Corn Futures ( ZC1! ), H4 Potential for Bullish RiseTitle: Corn Futures ( ZC1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 684.25
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 684.25, where the 78.6% Fibonacci line is.
Alternative scenario: Price may head back down to retest the pivot at 651.25 where the 23.6% Fibonacci line and recent low are located.
Fundamentals: There are no major news.
ZC1! Potential For Bullish ContinuationLooking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible pullback buy entry at 660.00, where the 50% Fibonacci line is. Stop loss will be at 644.00, where the previous swing low is. Take profit will be at 680.00, where the 61.8% Fibonacci line is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Weekly Forecast (December 27 – 30, 2022)
Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 670, which will be followed by moving up to resistance level 682 and if it keeps on moving up above that level, we may expect the market to reach resistance level 702.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 660, which will be followed by moving down to support level 644 and 635.
Corn Futures ( ZC1! ), H4 Potential for Bullish RiseTitle: Corn Futures ( ZC1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 673.75
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 673.75, where the 50% Fibonacci line is.
Alternative scenario: Price may head back down to break the pivot at 651.25 where the previous swing low is before heading towards the support at 638.25, where the -27.2% Fibonacci expansion line and recent low are located.
Fundamentals: There are no major news.
Corn Futures ( ZC1! ), H4 Potential for Bullish RiseTitle: Corn Futures ( ZC1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 673.75
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards the resistance at 673.75, where the 50% Fibonacci line is.
Alternative scenario: Price may head back down to break the pivot at 651.25 where the previous swing low is before heading towards the support at 638.25, where the -27.2% Fibonacci expansion line and recent low are located.
Fundamentals: There are no major news.
Corn Potential For Bullish RiseLooking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible pullback buy entry at 656.00, where the 78.6% Fibonacci line is. Stop loss will be at 644.00, where the recent swing low is. Take profit will be at 669.75, where the 161.8% Fibonacci extension line is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Corn Futures ( ZC1! ), H4 Potential for Bullish RiseTitle: Corn Futures ( ZC1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 673.75
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a possible shift to bullish market structure. If this bullish momentum continues, expect price to possibly head towards the resistance at 673.75, where the 50% Fibonacci line is.
Alternative scenario: Price may head back down to break the pivot at 651.25 where the previous swing low is before heading towards the support at 638.25, where the -27.2% Fibonacci expansion line and recent low are located.
Fundamentals: There are no major news.
Corn Futures ( ZC1! ), H4 Potential for Bullish RiseTitle: Corn Futures ( ZC1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 673.75
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a possible shift to bullish market structure. If this bullish momentum continues, expect price to possibly head towards the resistance at 673.75, where the 50% Fibonacci line is.
Alternative scenario: Price may head back down to break the pivot at 651.25 where the previous swing low is before heading towards the support at 638.25, where the -27.2% Fibonacci expansion line and recent low are located.
Fundamentals: There are no major news.
Corn Potential For Bullish RiseLooking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 650.00, where the 50% Fibonacci line is. Stop loss will be at 644.00, where the recent swing low is. Take profit will be at 660.00, where the previous swing high is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Corn Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Price has tapped into my sell entry at 648.50, where the 78.6% Fibonacci line is. Stop loss will be at 655.75, where the recent high is. Take profit will be at 641.00, where the 78.6% Fibonacci line is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Corn Futures ( ZC1! ), H4 Potential for Bearish DropTitle: Corn Futures ( ZC1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 673.75
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 638.25, where the -27.2% Fibonacci expansion line and recent low are located.
Alternative scenario: Price may head back up to retest the pivot at 651.25 where the previous swing low is.
Fundamentals: There are no major news.
Corn Daily Analysis on 17/12/2023Next Days I See Some Bearishness On Corn Future Contract. Up to the First and Second Targets as On The Chart
Corn Futures ( ZC1! ), H4 Potential for Bearish DropTitle: Corn Futures ( ZC1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 673.75
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 638.25, where the -27.2% Fibonacci expansion line and recent low are located.
Alternative scenario: Price may head back up to retest the pivot at 651.25 where the previous swing low is.
Fundamentals: There are no major news.
ZC1! Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 648.50, where the 78.6% Fibonacci line is. Stop loss will be at 655.75, where the recent high is. Take profit will be at 641.00, where the 78.6% Fibonacci line is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Corn Futures ( ZC1! ), H4 Potential for Bullish RiseTitle: Corn Futures ( ZC1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 673.75
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price crossing above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to head towards the resistance at 673.75, where the 50% Fibonacci line is.
Alternative scenario: Price may break the pivot at 651.25 where the previous swing low is before heading towards the support at 638.25, where the -27.2% Fibonacci expansion line and recent low are located.
Fundamentals: There are no major news.
Corn Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for ZC1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. Looking for an immediate sell entry at 654.25, where the 23.6% Fibonacci line is. Stop loss will be at 660.00, where the 61.8% Fibonacci line and recent high are. Take profit will be at 647.75, where the 50% Fibonacci line is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Corn Futures ( ZC1! ), H4 Potential for Bearish ContinuationTitle: Corn Futures ( ZC1! ), H4 Potential for Bearish Continuation
Type: Bearish Continuation
Resistance: 673.75
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to head towards the support at 638.25, where the -27.2% Fibonacci expansion line and recent low are located.
Alternative scenario: Price may go back up to retest the pivot at 651.25 where the previous swing low is.
Fundamentals: There are no major news.
Corn Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell limit entry at 651.25, where the previous low is. Stop loss will be at 661.50, where the 23.6% Fibonacci line is. Take profit will be at 632.00, where the 50% Fibonacci line is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Corn Futures ( ZC1! ), H4 Potential for Bearish ContinuationTitle: Corn Futures ( ZC1! ), H4 Potential for Bearish Continuation
Type: Bearish Continuation
Resistance: 673.75
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to head towards the support at 638.25, where the -27.2% Fibonacci expansion line and recent low are located.
Alternative scenario: Price may go back up to retest the pivot at 651.25 where the previous swing low is.
Fundamentals: There are no major news.
Corn Futures ( ZC1! ), H4 Potential for Bearish ContinuationTitle: Corn Futures ( ZC1! ), H4 Potential for Bearish Continuation
Type: Bearish Continuation
Resistance: 673.75
Pivot: 651.25
Support: 638.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to head towards the support at 638.25, where the -27.2% Fibonacci expansion line and recent low are located.
Alternative scenario: Price may go back up to retest the pivot at 651.25 where the previous swing low is.
Fundamentals: There are no major news.
ZC1! Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 651.25, where the previous low is. Stop loss will be at 661.50, where the 23.6% Fibonacci line is. Take profit will be at 632.00, where the 50% Fibonacci line is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
