FullTimeTrader

RR1!-great opportunity to buy rice

Lång
CBOT:RR1!   None
4
The commodities market is not as volatile as forex but can offer great long-term opportunities.
I published an idea on natural gas before, so far is making some profits:
www.tradingview.com/...gas-investing-style/

Here is another opportunity on rice, we can see it better on long term chart:
Monthly chart:
price is bouncing from a long term support and trendline resistance

Here at w1 chart we can see a pinbar at that area and EW cycle completed

We can trade it on D1 chart also:

Best regards



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