Kumowizard
Long

Quadriple weekly bottom?

CBOT:ZW1!   Wheat Futures
41 0 2
Weekly:
- Ichimoku is still bearish , but price failed to break below 455-460 for the fourth time since Sept/2014
- Heikin-Ashi shows hesitation at key resistance, but haDelta moves above zero line! haDelta has been building positive divergence since July/2015
- Key supp/res on top side is 520-530 area: 100 WMA , Kumo and the major bearish trendline

Daily:
- Ichimoku setup is rather neutral, as Kumo has come lower and Price reaches it now.
- Price seem to have been trading in 450-530 wide range, with 490 as key level in the middle. 490 has to be cleared for further gains.
- Heikin Ashi is bullish , with haDelta above zero.
- EWO             back to zero, may switch to bullish soon.

Strategy: Keep 0,5 unit long.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out