Potential ascending triangle - Long Corn

١٢ نوفمبر ٢٠١٦

The price action of Corn is potentially creating an ascending triangle for uptrend continually. Strong resistance($3.50~$3.60) built up. If Corn price goes above the price range or breakout the upper trendline of ascending triangle, the uptrend could be accelerate to next strong resistance line @ $4.40.

٢٢ نوفمبر ٢٠١٦

ملاحظة

Corn price is within the strong resistance zone, to long more if breaching this zone.

٢٤ نوفمبر ٢٠١٦

ملاحظة

Yet to breach, keep observing price action.