XW1! trade ideas
Wheat Sad story for people hungry in the world...
but at the make it or break it point
Still mostly bullish but rejected at the usual spot...
We Have Fort Probabilite to rise next days - weeks TO 700 USX We Have Fort Probabilite to rise next days - weeks
TO 700 USX
I ADvais You to buy it now
View on Wheat (12/4)General bias - bearish
Waiting to trade the break out for a confirmation of a downmove.
ep, tp , sl as per chart.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activity
CME CBOT:ZW Wheat Futures prices forecast, Buy, Target 951Chicago SRW Wheat Futures (CME CBOT: ZW)
Trade : Buy
Entry : 602
Target : 951 (349, +57.97%)
Stop : 557 (-45, -7.48%)
Posted on Saturday, December 12, 2020
Note : As I said before, we need to pay attention to grain prices. It seems that the wheat futures prices are ready for a big move. Wheat futures are on the upward trend. It's time to buy wheat. The next targets could be 685 and 951. The support could be 555. If wheat prices secure 950 level and the market is strong, the price of wheat would soar much higher than people can imagine. In the future, the suffering of the poor from rising grain prices will become even more serious. I hope everyone on earth live well together.
Buy Signal: 601'6Signal comes from our model-
Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
A large probability that ZW is bearish this weekA large probability that ZW is going bearish in tendance this week, the targets probable after 584 is 566.5
I Recommend buying !ZW Will Rise Next Days I Advais You to Buy
Or Keep It in the portfolio
TArget is 631''2 USX
StoopLoss 585'6 USX
Wheat Futures potential long ideaWheat has validated H&H but we did not hit the target as per pattern, it can be that what we see is the bearish trap. In case wheat to clear and hold 598 level we can see the re-test of 640 highs or move on forward to 680-700 level.
Wheat cup and handle pattern to 900Bottoming pattern for the last 5 + years. This may breakout very strong before the end of this year.
Long term inflation play.
Good luck!
I Recommend buying !ZW Will Rise Next Days I Advais You to Buy
Or Keep It in the portfolio
TArget is 691 SD
Wheat (CBOT) weekly; SELLSelf explanatory. Beautiful, concurrent signals. There is also a gigantic wall of wheat out there!
GRAIN SPREADS; Kansas Wheat - CBOT W - 2x Corn; Weekly long termCBOT:KE1! CBOT:ZW1! CBOT:ZC1! CBOT:ZS1!
KE (Kansas City) Wheat - CBOT (World) Wheat
These tend to be extremely reliable signals, indicating long term trends / changes, as Wheat itself has a relatively long (~7 year) cycle. (Wheat growing regions spreading from (north) pole to (south) pole.)
Wheat prices to rise!I bought some contracts last week, which already turned out pretty well. With the help of the great monetary policy, wheat prices will probably explode up somewhere in the future, and this seems like the right time to enter long positions, even though it's a little early, based on my fundamental expectations. It could be years before we see that real rise in prices. So I will probably be looking to raise my stop to b/e as soon as possible.
