Wheat (ZW)
Long
Updated

Wheat - Tariffs will move the prices in our favor!

78
Hi guys, we are going to take a look into Wheat.

Currently as shown on the added picture we can see that Mexico and Canada are quite big importers of Wheat in the U.S. with the tariffs coming from the U.S. and respectfully from Canada and Mexico we should see a decent surge in the prices of wheat, we are keeping it simple towards the Supply and Demand rule about commodities.

Entry: 567
Target 600

As always my friends happy trading!

P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Trade closed: target reached
What a fantastic trade! The final target has been reached , we managed to catch 33$ movement!

10 lots resulted in 15,378$ ✅
1 lot resulted in 1537$ ✅

Congratulations to everyone who participated! 🥂

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.