CORN MAY 2022 has broken through a resistance line of a Double Bottom and suggests a possible movement to 771.0604 within the next 10 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
Related Posts
Brent Crude through 65.85670422535212. Is this a confirming a breakout? Will it continue its path in the current trend toward 67.7624?
Triangle pattern identified on Brent Crude has broken through a resistance level with the price momentum continuing to…
Will US Oil break through the resistance level it tested before?
US Oil is moving towards a key resistance level at 62.0110. This is a previously tested level for…
Silver Spot is signaling a possible trend reversal on the intraday charts with price not breaching support.
Silver Spot was identified at around 48.76785 having recently rebounded of the support on the 1 hour data…