Beerus
Long

Potential Kangaroo tail / Hammer candle

CBOT:ZW1!   WHEAT FUTURES - ECBT
Kangaroo tail / Hammer candle (at the time of publishing idea)

- Important support zone
- A lot of room to the left
- Nice candle formation

Only place the order a few minutes before the next candle formation (on daily chart ) if the candle still has its form.
StevenMilward
4 months ago
ive been in this trade for a while now. Same s/l, running 1.3% risk. Are you in yourself?
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Beerus StevenMilward
4 months ago
I'm still in, I read today that they'll surely try to hold price low so I moved my stop loss to break even.
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StevenMilward Beerus
4 months ago
i should have read this earlier. im still in, but i rather stupidly entered fairly high with the stop loss still below the kangeroo tail. Do you think it will trigger my s/l still or should i cancel the trade now? Also, where do you get your news from? Thanks
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StevenMilward Beerus
4 months ago
I've heard it will reach lower lows. Cancelling the trade.
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