Commodity / Butter / Ichimoku : Trade Setup Cancel

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At the beginning of the month, we posted a potential bullish seasonal trade for butter. Reviewing the charts today, the seasonal bullish pattern did not occur. In fact, it went completely bearish and is now in a bearish trend. The trend is too late to capture now. We will look in January for a possible trade once the seasonal patterns are over. This is a perfect example why you should verify a seasonal trend with technical analysis.
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