From this setup we can not really decide what to do. It can either was through the thin and flat Kumo cloud, or Kijun holds and then price reverses up quickly. Not an easy call, as my system is a trendfollowing system, while Wheat it's clear Wheat has not been trending since July-August/2016.
Maybe haOscillator gives slightly bigger chance for Kijun to hold. We need few more days to get clarity.
Based on technical setups, Corn is still a better candidate for long in case.
Maybe haOscillator gives slightly bigger chance for Kijun to hold. We need few more days to get clarity.
Based on technical setups, Corn is still a better candidate for long in case.
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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.