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IvanLabrie
Nov 8, 2023 5:35 PM

Chicago SRW Wheat Futures: Bullish reversal Long

Wheat FuturesCBOT

Description

ZW_F looks like a possible trend reversal in weekly scale, taking place after holding long term support from where the previous huge rally took off...

Certainly an interesting reward to risk vs probability of success here.
Your risk is a meager 88 ticks to make between 188 and 497 ticks if the setup works.

Best of luck!

Cheers,

Ivan Labrie.
Comments
IvanLabrie
Good spot to take profits in wheat.
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