Classic TechnicalsHello everyone!
There is a little mystery.
I suppose we could face a big change soon.
All depends on pattern we see.
Let the market play it's game.
Waiting mode.
WHEAT – Signs of Weakness, Could a Short Be Next?PEPPERSTONE:WHEAT is within a clear resistance zone that has times before led to bearish reversals. In any case, this zone marked by previous price rejections, could once again attract selling pressure.
If bearish confirmation occurs—through rejection wicks, bearish engulfing candles, or a decrea
Wheat- In a Clean Resistance Zone, can it reach 542.00?Wheat is already within a critical resistance zone that has times before led to bearish reversals. In any case this area, marked by previous price rejections, could once again attract selling pressure.
If bearish confirmation occurs—through rejection wicks, bearish engulfing candles, or a decrease
WHEAT - Bullish TrendTechnical Analysis:
- WHEAT is breaking out neck after Bullish Divergence, Double Bottom reversal pattern formed, will it move towards its target?
Fundamental Analysis:
- COT report is also in favour of this trade.
Seasonality:
- Bullish from last week of January.
WheatI'm targeting 596.5 in wheat, In principle I'm long in commodity & assets against US dollar. The dollar is & will be week because of huge debt
Wheat in Perfect Harmony Harmonic Bearish swings in Wheat, it's been a while since l last saw this beauty.❤️
Always Trade What You See and practice good risk management !🍻
WHEAT: Confirming bottomWHEAT: Confirming bottom
-Hard support in the past.
-Quasimodo pattern.
-Less vol support for a breakout and confirm bottom.
-Key level support.
US STOCKS- WALL STREET DREAM
Buy the dip on #WHEATThe pressure on wheat prices due to oversupply mostly priced, and wheat take off is loading. The potential is almost 3x in long-run. Let's watch it!
Breakout Parallel Channel, LONG?
To form a H&S pattern? And, also breakout a parallel channel for a uptrend, set a SL and my target price to hit the right shoulder line.
Hope my strategy work.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.