WHEAT had a beautiful breakout candle yesterday, breaking the prior consolidation zone. I'm most interested in this idea because once I ran fib retracements there is so much alignment: 618 is perfect prior support, 0.5 is a teeeeny tiny gap, 382 is a consolidation zone, and we've defeated 236.
Follow through and it is off to $10 at minimum. TP/SL targets pictured on chart.
SL: trade setup invalidated with a daily close below 8.45.
TP: $10 and above, depending on how you trade
Follow through and it is off to $10 at minimum. TP/SL targets pictured on chart.
SL: trade setup invalidated with a daily close below 8.45.
TP: $10 and above, depending on how you trade
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❤️ Premium indicator subscription @ Whop includes: Mojo Levels, Manipulation Model, Super Oscillator, VIX Meter, and Volatility Radar
🔗 whop.com/c/upslidedown/t use discount code FRIENDOFUSD for 20% off FOREVER
🔗 whop.com/c/upslidedown/t use discount code FRIENDOFUSD for 20% off FOREVER
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.