Filipo1

Wheat: bearish hidden divergence.

Short
Filipo1 Updated   
OANDA:WHEATUSD   CFDs on Wheat
2
Bollinger bands breakout with shooting star on weekly timeframe (similar bearish breakout already confirmed on the daily).
BB are going wider after squeeze = increased volatility ahead = potential sharp reversal.
Comment:
Unbroken downtrend resistance on the monthly, current CS still below Bollinger middle band:

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