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Tr8dingN3rd
Jul 25, 2023 7:12 AM

Wheat - Too Fast Short

Wheat FuturesCBOT

Description

Nature is beautiful.

It's always balancing the underlying energy.
That's what we see here.

Wheat spurted down too fast.
The down-swing can be put in context by the Medianlines.

Here, price has reached it's balance again at the CL.
What's next? I bet for sideways to short action, until we crack the orange CIB line.

Stalking Hat on...
Comments
inflectionpointtrader
Nice :)
Tr8dingN3rd
@inflectionpointtrader, Heyyy, wasup? §8-)
inflectionpointtrader
@Tr8dingN3rd, On the journey brother:)
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