Update on our wheat trade! still bulish!Folks i still like this trade on the long side of things. What i really like about it is that it is respecting market structure and showing bullish price action in the short term. Retraces are healthy for the markets to have longer and stronger moves to the upside as its preparing and building mome
Wheat on Rise | Groceries UpHi
Disclaimer: This analysis is for sharing purposes only and does not constitute financial advice. Always manage risk appropriately.
Wheat (CFD) – H2 Structural Outlook:
Wheat is currently presenting a **bullish structure on the H2 timeframe**, with upside bias maintained while price holds above
Long Wheat FuturesWheat futures have broken above moving averages and current consolidating before a move higher. Technical indicators dovetail with fundamental macro thesis of higher oil prices putting upward pressure on the entire commodities complex.
For wheat in particular, higher oil prices may put upward press
Wheat Preparing for a New Trend CycleHello and welcome to all TradingView followers 👋📊
In this analysis, we review the WHEAT chart on the Daily timeframe.
The overall structure shows that after a long-term downtrend, the market has gradually lost bearish momentum and transitioned into a consolidation (range) phase. This behavior usual
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
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Displays a symbol's price movements over previous years to identify recurring trends.









