Uptrend in wheat with clear targetBit of a longer term idea. We see a clear support line, heading up. Forms a decent basis for wheat prices. It shows a few high's over the last years, which form a clear target.
Take length with your own preferred SL/TP.
Trading is not about copying but about forming your own opinion.
Wheatlong
WHEAT FUTURES (KE1!) MonthlyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick .
Dates in the future with the greatest probability for a price high or price low.
WHEAT FUTURES (KE1!) WeeklyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick .
Dates in the future with the greatest probability for a price high or price low.
WHEAT FUTURES (KE1!) DailyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick .
Dates in the future with the greatest probability for a price high or price low.
Wheat to turn at the corner?My mate @Bo here on TV gave me a heads up.
I can see the following on the chart:
- very stretched down swing
- coiling = something is cooking in here
- price landed nicely at the A/R line
The white fork is a "potential" projection of price.
If price close out of the L-MLH, then the fork is not valid anymore.
Let's see if there will be something more interesting.
I don't like to jump the gun, there is mostly a re- entry if I miss it.
But we need to stalk it for sure!
Hunt mode ON ;-)
TNX Bo for the heads up.
P!