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Antonio_trader

Wheat long

Long
CFDs on Wheat (OANDA:WHEATUSD)  
Antonio_trader Updated   
OANDA:WHEATUSD   CFDs on Wheat
Chart Patterns Trend Analysis Wheat WHEATUSD LONG
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chartpattern trendanalysis wheat wheatusd long
Price made an impulsive break through the 100SMA, should retest at at some point, perhaps after hitting the 38.2% fib level. This offers new entries or added positions. Let's see.
Comment:
Comment:
Price confirmed 38.2% fib level and resistance at the 100SMA. RSI now flat at 50, so price gearing up for the next move. Could reverse here, now need a strong break on the upside.
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