Sell March wheat market on open 6.54 stop looking for what to confirm technical weakness with a USDA report. Aggressive trade!
Next big crisis is around the corner . Bring it on , charts are telling something .
CBOT: Wheat ( CBOT:ZW1! ) In stark contrast to the rising stock market, most agricultural commodities have lost ground in 2023. In the Grain & Oilseeds market, CBOT Soybean (ZS) finished the year at $12.73 per bushel, down 14.7% year-on-year. CBOT Corn (ZC) closed at $4.63/bushel, down 30.8% YOY. CBOT Wheat (ZW) settled at $5.93/bushel, down 24.5%. In the...
This is the wheat indicator. Three historical upward waves were created, followed by three historical corrective waves to correct the rise that occurred, and then three historical upward waves are created again.. The game is played again and again
Small short for wheat. Please keep R&MM if trading. Hedge your risky trades. Good luck.
Massive move on wheat today that showed up on our TrendCloud Scanning System. Let's go over the setup real quick and get you guys ready for any prop trading firms challenge that comes your way. 4 hour chart is down and momentum is down as well. 1 hour momentum is down and 15 min chart is giving us a TrendCloud Signal inside of a Supply Zone.
buy March wheat market on open, stop 5.98, target 7.18
Hello to all tradingview investors, according to my previous analysis I see a great opportunity with good probability, the details are reflected in the chart, greetings and good luck to all.
In wheat today, there was an impulsive increase of approximately 4%. However, indications suggest that this surge may lack sustainability. When considering the price in relation to standard deviations, two noteworthy observations emerge: a zone of high liquidity aligns almost precisely with the range of a double standard deviation. Nevertheless, a substantial...
Wheat futures (CBOT) is rebounding from the support level, and it seam a bullish pattern is being formed - Cup and Handle! After complete formation of chart pattern, the target will be 760 US cent/bushel (23.4% increase from current level) Indicator RSI is positive
Wheat (ZW1!) has been trading within a Channel Down pattern since July 2022 and since early December has failed repeatedly to detach itself above the 1D MA200 (orange trend-line). Since it is closer to the top (Lower Highs trend-line) of the pattern and it resembles the February 14 High, we expect a strong selling sequence if the price breaks below the 1D MA50...
On the daily, the 20MA is about to cross up over the 100. This after bouncing off the .618 Fib as support. While commentary is mostly still at least slightly bearish on Wheat, or at least not bullish, due to ample supply, there are several obvious factors going forward that make continued record production uncertain. Furthermore, the real cost of producing wheat,...
Buy March wheat market on open, stop 6.14, tgt is 6.72
Sell limit at 572 Pending order. March wheat order
wheat carving out the e wave of a terminating triangle .... lets see how play out as a low risk short is in play with a target of 5
sell Dec. wheat at 5.45 stop **Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not indicative of future results** hypothetical performance results have many...
Wheat is forming a bottom , especially in daily a double bottom has already been formed , also a wedge formation is looking really good , waiting for bullish 2024 .
My current trade idea on the wheat mini futures to short given the strong bearish trend and a bear flag after buyers have failed to keep the buying momentum going even some fundamental issues putting pressure on the wheat market such as a surplus of wheat. CBOT:ZW1! CBOT_MINI:XW1! AMEX:WEAT