Sideways Consolidation & Breakout Strategy
📌 Key Observations:**
- **Sideways Market:** Price is consolidating between **561.43 (support)** and **585.96 (resistance)**.
- **Bullish Momentum Indicators:**
- **RSI Divergence:** Bullish signal indicating potential upside.
- **MACD Crossover:** Suggests an uptrend could gain strength.
Global Wheat Market: February 2025 WASDE Report Insights (02.11)The February 2025 WASDE report presents updates on the global wheat market, reflecting shifts in production, trade, and pricing trends. The U.S. wheat outlook for 2024/25 shows a slight increase in domestic use, leading to reduced ending stocks. Food use has been raised by 4 million bushels to 970
Wheat Uptrend Intact: Buy Opportunity on RetracementWheat prices are in a bullish trend, consistently forming higher highs with no signs of divergence. A potential retracement after the latest high may present a strong buying opportunity. As the uptrend is expected to continue, it is advisable to safeguard the previous higher low.
Wheat - Tariffs will move the prices in our favor!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,
Wheat Market Dynamics: Global Supply and Trade TrendsAs 2025 unfolds, the global wheat market is experiencing significant shifts driven by supply chain disruptions, changing trade flows, and climatic challenges. According to the January 2025 WASDE report, global wheat production and trade are adjusting to new realities, with the United States, Russia,
"WHEAT" Commodity CFD Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "WHEAT" Commodity CFD market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is t
Wheat could be up by at least 7% in the next few daysWheat with little resistance in the zone between 590 and 632 will likely rise 7%.
Any escalation in Ukraine and maintained demand in Egypt will drive the demand up against supply.
This will add an inflationary pressure on most markets and might be an uncontrolled pressure on the USD amongst many
GBP/CHF Short and WHEAT/USD ShortGBP/CHF Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
WHEAT/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impuls
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.