IvanLabrie

Wheat: Bottoming pattern?

شراء
IvanLabrie تم تحديثه   
CBOT:ZW1!   عقود القمح الآجلة
The wheat chart has a very interesting and huge terminal triangle in the weekly scale.
You can enter long as depicted on chart, and aim for the high volume node above, or even the start of the terminal triangle if it were to be valid.

As you can see in the related ideas, it's highly probable that the dollar has topped in the long term, and the macroeconomic landscape favors an increase in agricultural commodities.

Good luck,

Ivan Labrie
تم فتح الصفقة:
New high
تعليق:
Such a beautiful trade...bravo me. :p
Hope someone took it.
تعليق:
Soaring beautifully.
تعليق:
It's not looking good after hitting the first resistance.
تعليق:
We have a nice base here.
تعليق:

Failure to hit the target on chart in 2 days would imply there's pending upside here.
تعليق:
We can add to longs at market, stop: 470

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