I am entering into short positon on H1 chart in wheat once again. The market seems saturated at this time with lots of supply from the producers as the autumn season is at its best. Risk/Reward at 1. This is a shorter time frame trade. Expecting to be closed in few days.
Trade closed manually:
The trade was closed manually at 4.38 with $0.10 per bushel of wheat, which is very close to our initial target.