albert.callisto
Short

Wheat - Bouncing on top of range

CBOT:W1!   WHEAT FUTURES
51 0 1
H4, wheat             has bounced against a resistive area topped by a level given by the flat SSB             before the twist on 6th May. We may now see the price heading towards lower levels given by flat Kijun and flat SSBs. If it manages to break the middle of the fork , we could even have a target at the lowest level of the range.

Chinkou has plenty room in the first part of the trade. It may have then more difficulties to go through the SSB             and Kijun.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out