Monday, April 5, 2021

May Corn Bullish Report - Update 1



We've penetrated into the consolidation area, but we didn't close below the 8ema. The previous 2 candles before today do not form a candlestick sell pattern. We need to give this trade time to bounce off the consolidation area.

So, the decision was to hold the position, even though the chart looks a little weak.


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