IvanLabrie

Wheat: Bottoming pattern?

לונג
IvanLabrie מעודכן   
CBOT:ZW1!   חוזים עתידיים על חיטה
The wheat chart has a very interesting and huge terminal triangle in the weekly scale.
You can enter long as depicted on chart, and aim for the high volume node above, or even the start of the terminal triangle if it were to be valid.

As you can see in the related ideas, it's highly probable that the dollar has topped in the long term, and the macroeconomic landscape favors an increase in agricultural commodities.

Good luck,

Ivan Labrie
עסקה פעילה:
New high
הערה:
Such a beautiful trade...bravo me. :p
Hope someone took it.
הערה:
Soaring beautifully.
הערה:
It's not looking good after hitting the first resistance.
הערה:
We have a nice base here.
הערה:

Failure to hit the target on chart in 2 days would imply there's pending upside here.
הערה:
We can add to longs at market, stop: 470

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.