WHEATUSD - waiting for shortAs described on chart - looking for Stoch RSI divergence and then short it.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
WHEATUSD trade ideas
Wheat - Channel DownWheat achieved a high of 590 in early 2020 and has subsequently moved down in 2 waves , within a channel structure .
There may be another wave to the downside ( suggested by the recent 8/13 MAV cross down). The malalignment of the longer term MAVs (30/50) suggests this will only be a short term corrective move.
A suggested short is
1. Enter - around 5.15
2. Target prior range low 4.13
3. Stop - just above prior channel swing high 5.50 ( 3atr)
4. RR - 2 +
Wheat (Smoke Wheat Everyday!)View On WHEAT (20 JUNE 2020)
The selldown on the wheat price may overdone and now we are still the sideway movement on the wheat price.
This may be a clue for the potential return of bullishness. But it may take some time.
I am buying in slowly with the small lot sizing.
Let's see
DYODD, all the best and read the disclaimer too.
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The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Wheat (“Everyone's a knucklehead at one point or another.”)View On WHEAT (20 JUNE 2020)
Expecting every call/trade analysis to be correct? If you do, you might very well belong to the group that believes unicorns are real.
The previous bullish call didn't work out and it is diving lower for now. It may find some footing near $4.7 region with some decent bullish candle.
Alternatively, you can take a look at CORN too.
Let's see
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
WHEAT (A Bullish trend in a making?)Updated View On WHEAT (2 APR 202)
A recent strong bullish movement is met with a strong pullback. I suppose it(the pullback) shall end soon, and we can consider it as another chance for us to go in.
5.30-5.35 regions shall act as good support regions.
Let's see
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Looking for rise to Level 2I think the 3 level down cycle is complete, and we are in the midst of skewed H&S bottom, price to rise up to level 2 as indicated.
Possible 2618 formation for WheatWatch closely if the bottom neck is broken for the next months. Not an investment advice.
Uptrend in wheat with clear targetBit of a longer term idea. We see a clear support line, heading up. Forms a decent basis for wheat prices. It shows a few high's over the last years, which form a clear target.
Take length with your own preferred SL/TP.
Trading is not about copying but about forming your own opinion.
Wheat On a Weekly chart target the HARVESTING time.During HARVESTING every year wheat prices increase and on the weekly chart the current price is in a strong support this is why I think its a very good opportunity for an investment.
WHEATUSD bearish channel, good opportunity for longSimilar like my other chart with sugar ( which played out even better than i thought!)
its nice in a channel, wait for signal and get a nice gain.
WHEAT CFD updates just a quick update on this and its looking good so need to stay patience and lets wait for the right time with this one, there's a few outcomes along the way and we need to adjust with the markets as well!!
this can always break and still go down if so i will update this idea
Is the Crisis over and demand for wheat is low?If the price crosses the supports level at 5.294 and 5.253, the next target is at 4.917.
WHEATUSDwheat is coming back down to an area of value clean structure and clean price action is forming on this the area in mind as shown with this breakdown on the charts!
WHEAT/USD next upward movement incoming?Hello!
If we look at the one-year cycle, we see that between March and June, wheat prices usually go up. This has to do with the harvest times, which are mostly in autumn. We are currently in the last impulse of the Elliot impulse wave, which started in May 2019. Due to the last steep correction wave, there could now be a strongly rising pulse wave, which has already completed its first of the three pulses. The zones of interest are marked on the chart. This is my first analysis, so I would be happy to receive suggestions and suggestions for improvement.
Have a nice day and stay healthy!
Wheat Usd Short SetupPotential bullish overturn for the Wheat Usd, long term interests is in bears, needs monitoring
