Wheat down to $5.70 and then up to $5.81, Long Term Bull

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小麥差價合約 (OANDA:WHEATUSD)

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OANDA:WHEATUSD 小麥差價合約

trendanalysis harmonicpatterns chartpattern scalp wheat commodities grains short long

I am long term bullish but I see a nice test of the trend line which may act as resistance. Potentially a drop just below to grab a little liquidity and then a continuation move to the higher side back to $5.81. I am seeing the 4hr macd dropping and RSI within range to drop more.

This is my first wheat chart, dont get too excited.

This is not trading advice.

評論:

Nailed it

評論:

Watch it hit the second target next week