Wheat LongI think Wheat is currently in a corrective structure. It may form a cup and handle formation. I`m looking for a potential reversal candle to enter long. Longby AnRuaNUpdated 114
Wheat - Explosive breakout pending Keeping a very watchful eye on wheat!!! I believe that there is an explosive move on the way which may be a long drawn out corrective cycle depicted in the chart, after spiraling down for the past five years. We have recently hit what seemed to be a good double bottom here which failed to breakout leading me to believe there could be a third so maybe third time is the charm possibly when oil turns around and we see another bounce in commodities wheat could be leading the pack. Please see chart below. Longby wolfstreetswingerUpdated 6
short wheatguessing were all waiting on the big wheat up move breakout but it may not happen yet. could be looking short for the time being, wait for trendline breakout confirmation before shorting Shortby wolfstreetswingerUpdated 5
Wheat longNot too much to say other than judging by past spikes and take profit at next major resistance areaLongby ClintonChillmore4
Long WheatThe price broke out of the consolidation zone. The 200 Ema is pointing higher which indicate the market is preparing to go in long term uptrend. Set a limit order at the highlighted area which was activated.The volume is increasing as well.Longby lachezartilev3
wheat analysis chart is on a ascending channel and the last candle show it intend to falling .... lets see what will happen... sell after passing of channel toward down .... buy if big bullish candleby pardisUpdated 23
Wheat: bearish hidden divergence.Bollinger bands breakout with shooting star on weekly timeframe (similar bearish breakout already confirmed on the daily). BB are going wider after squeeze = increased volatility ahead = potential sharp reversal.Shortby Filipo1Updated 2
Wheat Bull marketbottomed at 3.7, wheat has break through the trading range in 3.7-4.15, reach a new high in two recent trading days. Keeping long position :)Longby hangseng4
wheat...watching for buypossible return ... buy after nice bullish candle on support zone Longby pardis16
Wheat 2618 Trade Opportunity 01/11/2016I previously shorted wheat 1 pip from the top and it was a very nice trade (although I closed too early around 3.99 or so). Price bounced from the .382 fib of the larger up move but the price action in the current area looks weak. I am looking to re-open shorts at the levels in the chart but only if no warning signs are present -- big bullish candles, oversold RSI , etc. This is not meant to be a trading signal so please do not use it as one -- I still have very much to learn as a trader and none of my ideas are trading advice. That said I always appreciate any comments and feedback on my charts and ideas!Shortby SharkbaitAlUpdated 6
TRIANGLE PATTERNStructure indicates we will have a continuation of downtrend and breakout from triangle. The other posibbilty is we might have another up move and begginning of new trade. Either way is good opportunity to trade...Shortby pablo82Updated 1
Current thoughts on wheatThe following are some charts that have my current thinking on wheat on them which includes monthly, weekly, daily, and 4hr. Weekly: Daily: 4hr: by mxb19614
Long with WheatTrade against big downtrend at OANDA:WHEATUSD Trade for December 2016Longby GoWithTrend114
Wheat going short after consolidation!?....I predict a short of a minimum of 85 pips currently??....Shortby TradeGod_11112
20161015 Wheat ForecastBullish move is confirmed by volume and MAs. I believe wheat will make about a 12% upward move in the next month. The target is a confluence level of 0.618 and volume value area.Longby icypuma981