girolamoaloe

WHEAT - Start Trend Point, Bearish Trend Still to Confirm

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OANDA:WHEATUSD   CFDs on Wheat
WHEAT - Start Trend Point, Bearish Trend Still to Confirm

The Selling Wave Turned the Momentum to Bearish.

The price is now under extended. Slowly, It will tend to return to the middle point of the Volatility Range, normalizing the over extension and decreasing the volatility.

So, it will begin to mark Trend Pivots.

Details on the chart.

Thank you
Girolamo Aloe

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