Get started
Wheat Futures (May 2023)
Long

May Wheat futures: Daily trend reversal

By IvanLabrie
Updated
This setup can lead to a larger failure of a weekly decline signal, which could cause a major move in ZW_F. I'm long May futures here, paying close attention to how it develops, if the signal isn't stopped the trade could be held for longer until the chart evolves into a higher timeframe trend potentially, that would be the ideal scenario here.
Best of luck!

Cheers,

Ivan Labrie.
Trade closed manually
This ended up hitting the target. snapshot Formed a new signal too but not sure it will work, could reenter on retrace maybe.
Comment
snapshot
Topped at the target so far.
Beyond Technical AnalysisChart PatternsgrainstraderkeyhiddenlevelslabrietradingtimeatmodeTrend AnalysisWheatzw_f
IvanLabrie
🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/

Related publications

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.