Corn future is looking almost perfectly ripe for the picking. Cup and Handle forming nicely and just waiting for the breakout. RSI broke out of its downtrend bearish divergence and has bounced on the new support - showing more upside to come. Then will be an easy long (buy) to hold. Stop loss will be just under the Handle and the take profit will be 2X risk... It's corn!
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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