pptw

Upside in wheat possible - 4 bottoms

Long
PEPPERSTONE:WHEAT   Wheat Cash Contract
Quadrupple bottom forming in wheat with a higher high in the short term momentum.

Note that testing horizontal support for 4th time is also a sign of weakness.

However, the new high wave suggests upside is possible.

Play your entry and stops wisely.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.