vlad.adrian

Technical analysis on wheat

CBOT:ZW1!   Wheat Futures
4
Looking back and finding patterns is always easy. The key is finding pattern at the right side of the chart. I posted a chart a few hours ago with what is happening right now in the wheat market. This chart is just proof that technical analysis works on wheat. The best patterns as you can see are classic technical analysis price formations like double tops and double bottoms, which are my favorites. When combined with false breakouts and divergences on the oscillators, the results are fantastic.
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