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Paul_Wankmueller
Jun 21, 2022 9:55 PM

Head & Shoulders Top in December 2022 Wheat? Short

Wheat Futures (Dec 2022)CBOT

Description

Paul Wankmueller CMT of Blue Line Futures sees a Head and Shoulders Top in December 2022 CBOT Wheat. Feel free to reach out with any Technical Analysis Questions!

Today Wheat broke through the neckline of a Head & Shoulders top with conviction, confirming the pattern. Using the distance between the neckline and the top of the head, the continuation can conclude at the previous resistance.

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Comment

Almost there!!!

Trade closed: target reached

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