WHEAT — Watching This Area CloselyWheat is pushing into a bearish WCL , and what’s interesting is that a bullish ABC (red) already hit its C right inside this zone .
Usually, that’s where things slow down.
At least a pause. A wick. Something.
Instead, price just kept going.
No real rejection.
No obvious momentum loss.
No bearis
Wheat CFD Upside Setup: Tracking Momentum Toward 580📈 WHEAT COMMODITY CFD – Swing Trade Opportunity (Bullish Outlook)
🔹 Market Bias: Bullish
Wheat is showing supportive strength on higher-timeframe structure, with momentum building for the next upside leg.
🔹 Entry Zone
You may take any suitable price level entry based on your strategy, risk model,
WHEAT: Short signal amidst Russia/Ukraine truce deadlineThe market seems to be pricing in a possible truce between Ukraine and Russia, since Trump gave Russia a 2 week deadline to achieve it or risk further sanctions. The technical chart has a picture perfect short signal in the daily timeframe with good reward to risk here.
Best of luck!
Cheers,
Ivan
Wajani Investments: Wheat analysisWheat has formed a very strong Head and Shoulder with a bearish wedge or descending triangle . This can be seen from both monthly, weekly and daily timeframes. All these points to lower prices in the weeks ahead. In this market you can risk a 1:3
Remember to always adapt or make changes as t
Wheat should go to 540 then target 610Daily chart,
The commodity WHEAT - cash contract - PEPPERSTONE:WHEAT is trading in a soft rising channel (yellow), and the price should test the line R1 at around 540 - After crossing, the target will be towards the channel upper line R2, around 610 , passing through the resistance levels 550
WHEATIn April/May, wheat harvests occur in the eastern part of the globe. India has banned wheat exports since 2022 in order to replenish domestic reserves. Subsidies for farmers have meant that the sowing area is larger than usual, which translates into quite high expectations when it comes to harvests.
WHEAT at Key Support Level - Will Price Rebound to 541$?PEPPERSTONE:WHEAT has reached a major support level, an area where buyers have previously shown strong interest. This area has previously acted as a key demand zone, increasing the likelihood of a bounce if buyers step in.
A bullish confirmation, such as a strong rejection pattern, bullish engulfi
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Displays a symbol's price movements over previous years to identify recurring trends.









