WHEAT/USD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which...
WHEAT/USD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price merely pushes up to and ideally just above our lower rayline and the last part of...
WHEAT/USD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses down below our most recent correction, it does so in a convincing...
WHEAT/USD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price simply impulses down below the big wick to the left, it does so in a convincing...
WHEAT/USD: • If price pushes up to and ideally just above our upper trend line and it does so impulsively, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our upper trend line and it does so...
WHEAT/USD: • If price pushes up to and ideally just above our upper trend line and it does so impulsively, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our upper rayline, then regardless of...
WHEAT/USD: • If price pushes up to and ideally just above our upper trend line and it does so impulsively, then I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price pushes up to and ideally just above our upper rayline, then regardless of...
EUR/JPY: • If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price pushes down, it then pushes back up leaving us with two fairly horizontal...
#WHEATUSD Waiting for the fixation above 6.360 resistance level, then long
It's definitely a SHORT, for now. The Kansas-Chicago differential also indicates a Chicago short here, and then probably a recovery into the new crop.
WHEAT/USD: • If price continues to correct and a tight one hour flag forms then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/USD: • If price...
A break above 6 per bushel likely launches a significant move. I have no position - just watching
Here is an other clue; ... and an other - clue;
On Weekly chart, the engulfing candle the week before seems to be an up-turn again. I will be watching WHEAT closer in this week. there is a strong resistance between 620 - 630. Pay attention here. If breaks, 700-720 is short/mid- term target. ( this is my personal view and not a trading advise. )
CBOT:KE1! CBOT:ZW1! CBOT:ZC1! CBOT:ZS1! KE (Kansas City) Wheat - CBOT (World) Wheat These tend to be extremely reliable signals, indicating long term trends / changes, as Wheat itself has a relatively long (~7 year) cycle. (Wheat growing regions spreading from (north) pole to (south) pole.)
**No Advertising nor financial advisor** Soybean and Wheat Forecast using Elliott Wave Theory. Potential 4:1 riskReward until 21st of december. // Trigo y Soya pronosticados gracias a la teoría de Olas de Elliott. Potencial de 4 a 1 en Riesgo/Ganancia hasta antes del 21 de diciembre 2020
Wheat in October climbed more than 13%. For the past few days we see the price making a pullback and stopping at the 50MA where buyers jump in again. There are two scenarios that I see right now: 1) we have a descending triangle in-the-forming with potential break lower if bears win or 2) we are in the “digestion” period of the recently formed higher...