Long
WHEAT - D - LONG
Dear traders,
Here is a new LONG signal on WHEAT :
Entry : 4.44
SL : 4.2525
TP1 : 4.5833
TP2 : 4.7764
TP3 : 4.9730
After it's bonus trade.
Reasons for this long : Several reversal pattern, and lots of bear/bull fight around 4.2/4.4. It means we will see at least a pullback to some fibs at some point. When and how much is the guess!
Trade with your own diligence,
GL HF
Here is a new LONG signal on WHEAT :
Entry : 4.44
SL : 4.2525
TP1 : 4.5833
TP2 : 4.7764
TP3 : 4.9730
After it's bonus trade.
Reasons for this long : Several reversal pattern, and lots of bear/bull fight around 4.2/4.4. It means we will see at least a pullback to some fibs at some point. When and how much is the guess!
Trade with your own diligence,
GL HF
Note
TP1 hit! Closing 25%Note
A small room left for SL as we speak... We seems to have broken downside and only weekly TF is showing some kind of hope if TDI doesn't break. But it seems unlikely. As per my rules, I will never touch any SL, I'll let this trade run.
Trade closed: stop reached
SL hit last week. Still seeing this as bullish, let's see if a breakout along my idea below. That's not a signal, just a draft.
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Related publications
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.