"Top and Bottom Analysis on Commodities: Corn" by ThinkingAntsOk
4 Hour Chart Explanation:
- Price bounced on the Macro Resistance Zone and broke the Ascending Trendline.
- It is currently retesting the Resistance Zone (Pullback).
- If price starts its down path, we have two potential targets points: the Middle Support Zone at 3,782 and the Major Support Zone at 3,424.
Also, our Weekly and Daily Analysis are short views on the Corn.
Weekly Analysis:
Daily Analysis:
- Price bounced on the Macro Resistance Zone and broke the Ascending Trendline.
- It is currently retesting the Resistance Zone (Pullback).
- If price starts its down path, we have two potential targets points: the Middle Support Zone at 3,782 and the Major Support Zone at 3,424.
Also, our Weekly and Daily Analysis are short views on the Corn.
Weekly Analysis:
Daily Analysis:
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