Kumowizard

WHEAT - Reversal. Time to buy?

Long
CBOT:ZW1!   Wheat Futures
2
I should have put 4 Hrs chart on, but unfortunately here I have only EOD data. Anyway from daily chart everything is clear. Tgts may be 570 / 585.

On 4 Hrs time frame it is just about to give a bullish Kumo breakout signal.

p.s.: My beloved Corn is not following this agri move at all. Hopefully it will start moving up too, but Corn is still trading at its lows ard 354-355. In Corn 4 Hrs reversal signal is still far away.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.