Kumowizard
Long

Wheat - Double bottom? Now or never...

CBOT:ZWN2015   WHEAT FUTURES - ECBT
68 2 1
- Chance for a doube bottom in July Wheat futures             contract.
- Kumo is getting thin ahead
- Ichimoku setup slightly bearish , but may turn back to neutral.
- Heikin Ashi signal is buy for short term. The real test of bulls and bears will come at 515. If Price breaks above that horizontal key level, it will blow further up towards 600.

For a short term trade buy with 512-515 tgt             , stop below 487, and who knows, maybe it will be good for long term trade as well.
could you please tell me more about the indicators at the bottom of your chart. thanx
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Kumowizard PRO JohannBrummer
Hi,
haDelta is a very simple indicator, basicalley measures the last two candles body length change relative to each other. This is a quantification tool to support the visual Heikin Ashi signals. You can find it with all details in the "Script" menu.
The other one is an Oscillator, you can find it there too.
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