Short
WHTUSD Mid-Term/Long-Term Short Position. Minimal Draw-down.
Technical analysis
Great opportunities to short wheat at the key 0.618 fib level for a big move down all the way to 4.2820 at the 0.236 fib level. Minimum draw-down with stops placed safely above the summer highs.
Entry: 5.3540 (On the 0.618 fib level)
T/P: 4.2820
S/L: 5.6540
Great opportunities to short wheat at the key 0.618 fib level for a big move down all the way to 4.2820 at the 0.236 fib level. Minimum draw-down with stops placed safely above the summer highs.
Entry: 5.3540 (On the 0.618 fib level)
T/P: 4.2820
S/L: 5.6540
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.
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.