$ZC Corn Futures Medium To Long Term Analysis #cornfutures
Traders, This is the analysis of Corn Futures ZC.
1. Price made structure break which means more down side is expected
2. But the price can go back up perform
a. Sell Order Collection
b. Stop Loss Collection
c. Retest few levels
3. We currently have a wedge pattern which getting squeezed. A break below will push it to the lower FCP zone.
4. A break above can go to upper FCP zone which is very powerful and can have better sell orders. From there a short based on a confirmation will make more sense. This short then can be held for a longer period of time (if conditions are favorable) as the market structure has been broken (BOS) mentioned in the point 1.
Trade what you see and ignore any hypes. Stay objective.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
1. Price made structure break which means more down side is expected
2. But the price can go back up perform
a. Sell Order Collection
b. Stop Loss Collection
c. Retest few levels
3. We currently have a wedge pattern which getting squeezed. A break below will push it to the lower FCP zone.
4. A break above can go to upper FCP zone which is very powerful and can have better sell orders. From there a short based on a confirmation will make more sense. This short then can be held for a longer period of time (if conditions are favorable) as the market structure has been broken (BOS) mentioned in the point 1.
Trade what you see and ignore any hypes. Stay objective.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
🔵 Free Telegram Channel: t.me/VikinsaFx
🔴 Training: bit.ly/vikinsacorestrategyprogram
🟣 YouTube : youtube.com/vikinsa
🟡 Twitter: twitter.com/vikinsa
🔴 Reviews: bit.ly/VikinsaTrustPilotViews
🔴 Training: bit.ly/vikinsacorestrategyprogram
🟣 YouTube : youtube.com/vikinsa
🟡 Twitter: twitter.com/vikinsa
🔴 Reviews: bit.ly/VikinsaTrustPilotViews
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.