In 2022, we saw a peak in WHEAT prices of $ 1363. Our priority scenario is to continue to grow, while in the most active phase, wheat prices can soar to new highs. Perhaps 2023 will be difficult in terms of the harvest. A price drop below $760.0 will change our view.
wheat prices went perfectly to the zone which i had previously marked down, after displacing the upper zone.
now waiting for an entry, i uploaded what i think could be a future push up.
11. 3. 22 I called for a long trade on WHEAT Last week. It did go higher, and I would have been optimistic then it would be going a lot higher because it Gapped Higher...But then it gapped lower and is almost At the support. I would get out of a long trade like this.
Title: Wheat Mini Futures ( XW1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 949'3
Pivot: 904'1
Support: 877'3
Preferred case: With the price moving above ichimoku cloud , we have a buillish bias that the price may rise from the pivot at 904'1, which is in line with the overlap resistance to the 61.8% fibonacci retracement to the 1st...
Title: Wheat Mini Futures ( XW1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 949'3
Pivot: 904'1
Support: 877'3
Preferred case: With the price moving above ichimoku cloud, we have a buillish bias that the price may rise from the pivot at 904'1, which is in line with the overlap resistance to the 61.8% fibonacci retracement to the 1st...
See daily chart for more information
9th Sept candle broke out of the resistance once but failed . Then , 20th Sept, it shoot right up fiercely and pull back nicely at the resistance turn support level at 850.4. I believe the rally has just begun. Accumulate on its way up.........
The situation on the wheat market may become critical for the consumer, due to Russia's withdrawal from the grain deal. That will probably entail a speculative increase in the price of grain. At the start of full-scale hostilities in Ukraine, we saw the price of quotations for wheat almost double in a very short period. After that, the situation stabilized a bit....
Type: Bearish Momentum
Resistance: 904'1
Pivot: 856’0
Support: 781'4
Preferred Case: On H4, as the price moving below ichimoku cloud and descending channel , we have a bearish bias that the price may drop from the pivot at 856‘0. which is in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 781'4 where the 78.6% fibonacci...
Type: Bearish Momentum
Resistance: 904'1
Pivot: 853'1
Support: 781'4
Preferred Case: On H4, as the price moving below ichimoku cloud and descending channel , we have a bearish bias that the price may drop from the pivot at 853'1. which is in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 781'4 where the 78.6% fibonacci...
Type: Bearish Momentum
Resistance: 904'1
Pivot: 853'1
Support: 781'4
Preferred Case: On H4, as the price moving below ichimoku cloud and descending channel , we have a bearish bias that the price may drop from the pivot at 853'1. which is in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 781'4 where the 78.6% fibonacci...
Type: Bearish Momentum
Resistance: 904'1
Pivot: 853'1
Support: 781'4
Preferred Case: On H4, as the price moving below ichimoku cloud and descending channel , we have a bearish bias that the price may drop from the pivot at 853'1. which is in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 781'4 where the 78.6% fibonacci...
10. 26. 22 I think the lumber has come to a reversal area. Unfortunately, I pushed the wrong button, which may be good for you, and I accidentally close the video before I got done talking. This means there will be another video.
Type: Bearish Momentum
Resistance: 904'1
Pivot: 853'1
Support: 781'4
Preferred Case: On H4, as the price moving below ichimoku cloud and descending channel , we have a bearish bias that the price may drop from the pivot at 853'1. which is in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 781'4 where the 78.6% fibonacci...
Type: Bearish Momentum
Resistance: 904'1
Pivot: 858'2
Support: 781'4
Preferred Case: On H4, as the price moving below ichimoku cloud and descending channel , we have a bearish bias that the price may drop from the pivot at 858'2. which is in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 781'4 where the 78.6% fibonacci...
Hi✋🏽
Trend is short, and price tested the last daily south breakout, then turned. Targets are marked by the fibo.
What do you think???
Trade safe! ⚪️⚫️
--------------------------------------------------------------------------------
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
I JUST REACT!
Thanks for reading my...
