Wheat Futures (DEC 2021)

3 wave pattern

Two patterns completed, 3 joining wave patterns completed. Making the next wave either a 3 wave or a 5 wave.
It traded to a retracement zone of 0.5% which is the point of entry in a corrective pattern for some of us

Currently, futures short covering is an extra condition to go long,

LONG
Elliott WaveelliotwaveanalysisFibonacciFibonacci RetracementfuturestradingSupply and Demandwheatfutures

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