CORNUSD trade ideas
Corn/USD Bounce UpLooks bullish.. looking forward a retracement into +- 4 $ or emas line after it's challenging the resistance at $ 4.28
Indicator looks bullish, volume is rising rapidly.
DMI : +DMI is rising and -DMI is dropping hard creating a huge range between them, bullish also DMX is rising too.. bullish momentum is increasing
Macd : buy histogram is higher than the previous high.. bullish sign so far.
Volume MA is rising
CORNUSD Short opportunityCorn structure is showing an incoming short opportunity that could be the start of a daily down move. I'll be closely monitoring the price action to get involved within the top.
Currently having a short entry set @ 3.685 but if we do break 3.74, I'm going to adjust my order to an upper point.