➡Ready for the following corn level? 💥

2022년 3월 7일

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.

2022년 3월 8일

노트

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

2022년 3월 16일

노트

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.

2022년 3월 16일

노트

2022년 3월 17일

노트

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

2022년 3월 21일

노트

Continuation of the bullish trend is now very likely.

2022년 3월 23일

노트

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

2022년 3월 29일

주문취소됨

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