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UnknownUnicorn1156963

Rally in Wheat will continue. Possible entries

Long
Wheat Futures (CBOT:ZW1!)  
UnknownUnicorn1156963 Updated   
CBOT:ZW1!   Wheat Futures
Trend Analysis Wave Analysis Chart Patterns Wheat WHEATUSD wheatfutures ZW1! zw grains wheat_trading wheatlong wheatanalysis
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trendanalysis waveanalysis chartpattern wheat wheatusd wheatfutures zw1! zw grains wheat_trading wheatlong wheatanalysis
You know I am a big fan of commodities and especially tight markets like wheat, live cattle, etc. These instruments are less manipulated and less speculative. Usually, they follow their setups very well. Getting above Friday’s high is potential swing entry. We have a triangular formation on the daily chart. Sometimes price makes false breakdown before the rally. So, it is another potential entry, if that happens. Wheat has a strong seasonal tendency to rally till September.
Comment:
Take some profits here. It can pullback 20 dollars or so.

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UnknownUnicorn1156963
Potential rally in wheat
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