The corn price follow a long trend since the begin of the year. Even we don't have any reference, It can go up again to 540. I can't target upper level without any historical higher
My previous analysis on 1D is still valid. Market direction is still long but we can have some short opportunities in smaller TF. Here in H4, we have : - If price cross the line 1 it it a good buy signal - If the price break the line 2, it's a good signal to start a short order with a little lot size and if the price go to break the line 3 you can increase your...
Regarding this chart the cross keep a long signal. Go neutral if the trend line is broken.