Daily: The idea of a possible reversal proved to be true, the positive MACD divergence finally materialised in bullish Price action. I started to buy when I saw trend break, Slow Stovh cross and MACD cross was happening together. I increased after the Kijun retest ended in a bullish refusal (13/October), and I tend to buy each and every dip on the way down to the key supp/res at 352. Corn is about t make a Bullish Kumo Breakout, which can determine the mood for some medium/longer time.
Weekly: Wedge break took place with MACD bullish cross. This also made a huge MACD positive divergence. Weekly Kijun at 421 and trendline ard 435 in focus now. Senkou B means weekly equilibrium Price is at 420 too. We'll see what's next if we get there. "Expect the unexpectable!" and ride the trend
Weekly: Wedge break took place with MACD bullish cross. This also made a huge MACD positive divergence. Weekly Kijun at 421 and trendline ard 435 in focus now. Senkou B means weekly equilibrium Price is at 420 too. We'll see what's next if we get there. "Expect the unexpectable!" and ride the trend
