Corn (Cash)Short
CORN Short Supply And Demand Idea
See Picture For Analysis:
Higher Timeframe (Weekly)
-Price inside weekly Supply-
-Trend = downtrend
-Price below 200MA
-Look for shorts on LTF (Daily)
Lower Timeframe (Daily)
-Daily RBD supply located at extreme of HTF weekly supply
-Valid for short or waiting for new LTF (1hr/30min/15min) confirmation.
-Strong confrimation.
Higher Timeframe (Weekly)
-Price inside weekly Supply-
-Trend = downtrend
-Price below 200MA
-Look for shorts on LTF (Daily)
Lower Timeframe (Daily)
-Daily RBD supply located at extreme of HTF weekly supply
-Valid for short or waiting for new LTF (1hr/30min/15min) confirmation.
-Strong confrimation.
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