Wheat_analysis
Fresh Zones in Wheat #OutlookI am not a fan of commodity trading but it comes down to opportunity I take whatever is available. Here is the picture of fresh supply and demand zones in wheat which can be played out with proper risk to reward.
Remember trading is only easy when you consider risk to reward like any other business.
Cheers :)
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
MW1! @ daily @ closed last 8 days higher, while every day
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Closings Bullish (32 Commodities)
drive.google.com
Best regards :)
Aaron
