WHEAT ๐ฏ Trading Plan (Thief Style)Bias: Bullish (Pending Order Plan)
Entry: Watch for Breakout above 504โก LSMA moving average โ Buy entry layers activate!
Layered Entry (Thief Strategy): Multiple buy limits stacked like traps ๐ฃ
$496
$498
$500
$502
(You can expand layers as you wish โ confirm breakout first, then layer in. Set alerts on TradingView to catch the move in real time.)
Stop Loss (Thief SL): @493 โ ๏ธ (placed after breakout + pullback confirm). Adjust SL based on your risk profile.
Target: @520 ๐ฏ (major resistance + overbought zone = escape point before the crowd gets trapped).
๐ก Note: Dear Ladies & Gentlemen (Thief OGs) โ Targets & SL are flexible. Trade your own plan, manage risk, and adapt dynamically.
๐ Why This Plan? (Thief + Macro Mix)
Combining layer entries with fundamental, macro, and sentiment drivers ๐
Current Price Snapshot ๐ฐ
Spot: $522 per bushel
Daily Change: +1.2% (bounce on Russian crop doubts + export demand)
Trend: Sideways, but breakout setups building
Trader Sentiment ๐๐
Retail: 38% Bullish ๐ข vs 62% Bearish ๐ด โ Retail cautious
Institutional: 45% Bullish ๐ข vs 55% Bearish ๐ด โ Slightly more optimistic
Overall Mood: Neutral-Cautious (waiting on USDA reports)
Fear & Greed Gauge โ๏ธ
Score: 45/100 = Neutral
Fear drivers: Record EU harvests + heavy supply
Greed drivers: US exports recovery + Asian demand
Fundamental & Macro Score ๐
Supply/Demand: 6/10 (ample supply but record utilization)
Macro: 5/10 (Black Sea risks + Fed easing supportive)
Combined: 5.5/10 = Stable but vulnerable to weather/trade shocks
๐ Overall Market Outlook
Mild Bullish Tilt ๐ข โ Watch for upside momentum if Russia underperforms or US exports accelerate
Key Level to Watch: $500 (major support)
Avoid deep shorts unless $500 breaks cleanly.
