The wheat chart has a very interesting and huge terminal triangle in the weekly scale.
You can enter long as depicted on chart, and aim for the high volume node above, or even the start of the terminal triangle if it were to be valid.
As you can see in the related ideas, it's highly probable that the dollar has topped in the long term, and the macroeconomic landscape favors an increase in agricultural commodities.
Good luck,
Ivan Labrie
You can enter long as depicted on chart, and aim for the high volume node above, or even the start of the terminal triangle if it were to be valid.
As you can see in the related ideas, it's highly probable that the dollar has topped in the long term, and the macroeconomic landscape favors an increase in agricultural commodities.
Good luck,
Ivan Labrie
Trade active:
New high
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Soaring beautifully.
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It's not looking good after hitting the first resistance.
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We have a nice base here.
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Failure to hit the target on chart in 2 days would imply there's pending upside here.
Failure to hit the target on chart in 2 days would imply there's pending upside here.
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We can add to longs at market, stop: 470
Hope someone took it.