ZW1!
ZW1 is valid for entry - ZW1 est valide pour l'entrée
ZW1 you can buy now
After penetrating the first resistance, he will go to the moon
ZW1, vous pouvez acheter maintenant
Après avoir pénétré la première résistance, il ira sur la lune
ZW1! ↗↗With my humble experience, it seems to me that ZW1! will rise in the next few minutes.
Anyone who's interested in my analysis needs a consultant, I'm on duty.
Rally in wheat is not done yetWheat futures rallied last week as it was expected. Congrats on your profits! Wheat is one of my favorite instruments. It follows setups very well. Many traders focus on more volatile instruments. But that is wrong. As traders, we have to be focused on a less speculative instrument that gives a better risk/reward ratio. I believe the price will retest recent highs near 570. But this market needs some breath. It is overbought on smaller time frames. However, Wheat is a very tight market. Usually doesn’t give big pullbacks. I continue to look for and take buy signals in this market.
ZW1! ↗↗ With my humble experience, it seems to me that ZW1! will rise in the next few minutes.
Anyone who's interested in my analysis needs a consultant, I'm on duty.
Potential rally in wheatBased on COT reports commercials are long wheat. They are correct 98%. It may take time to form a buy signal. But with that in mind, we look for buy signals - whatever happens first
- break out of daily resistance
- lower high + oversold oscillator
- divergence (I use RSI and OBV)
ZW1! Technical analysisPrice has reached a target zone, so there may be a short term corrective move up to some sweet spots where the daily short trend may resume. Targets are indicated in magenta, short trend is valid until price closes above the green zone on the daily.
