Je prévoie une hausse du blé pend1nt le prochain mois
Bonds have been strong on a sell-off in commodities. But now products like Wheat are oversold at support, while Bonds are overbought at resistance.
With all the drama of last year and many areas locked down, one of the big sufferers was agriculture. Much of last years yields went to waste and panic buying occured. Which I'd guess also went to waste for the most part. As you can see on my chart I'm expecting a sizeable pullback in price before the event, which is completely normal. let it collect the orders...
I'm thinking it will head down towards the lowest trendline before continuing up. That seems like something an efficient market would do.
Looks like a perfect 5 wave Elliot followed by 50% ABC correction. I'm starting to look for these more, and I feel like I'll be able to trade them soon. For the moment, the only trades I'm getting into are when the market tells me which way it's going and I get in along with it. That means linebreaks, so I'm waiting for the down-trendline to break to the upside.
i wait the price will touch the HCR or the ma20.
We have been on a bull run in the wheat market since June of last year. However the past couple months we hit a high followed by consolidation between 635-685. We formed a double top and price is looking pretty heavy. We broke out of a multi-month support level and price came back to test this area and looks like it is now a new resistance. Looking to take partial...
Long limit entry 653 SL 623 PT 713 BE 680 RRR 2:1 CBOT_MINI:XW1!
It's definitely a SHORT, for now. The Kansas-Chicago differential also indicates a Chicago short here, and then probably a recovery into the new crop.
WHEAT FULL TARGET 1350,WHICH MEAN 50 CENT PER KG. LETS SEE HOW THIS UNFOLDS
Check my related idea. Daily cycles that fuelled the recent move top somewhere around the 22nd of January and the longer term cycle is down till late February. All upside price targets have been reached and it's time to take profit and consider short. To see real weakness wheat has to close below 650.
My Trading Strategy is scall the Setup. This is the Setup 1 entry method ... Just wanted to highlght the most recent setup formed on WHEAT Futures Contract. IT's now hit the Target level that I like to call TZ1. I used to trade the Commodities Futures back in 2009 and made some good money. Don't know why I stopped? Perhaps the FOREX volatility had my attention...
Wheat get the first target after downtrendline break as expected
After neckline break, the wheat arrive exactly to double top target...