Wheat Bull Run #WHEAT2021

10 дек. 2020 г.

Wheat could potentially break a new record high in the new bull run.

23 дек. 2020 г.

Сделка активна

Wheat just hit a 2 month high !!

30 дек. 2020 г.

Сделка закрыта: достигнута тейк-профит цена

And there it is, a new record on wheat futures as forecasted.

18 янв. 2021 г.

Заметка

Wheat has hit new highs over the Q4 period and we enjoyed the bull-run as expected, but now it's time to prepare a major correction.

Regarding the chart, I have analyzed that Wave 3 more or less has completed its cycle. Please be extra cautious and allow room for price to reach the $700 area before deciding on making short positions. The area in which the correction should take place is between the $700 & $610 area. We must apply Ralph Nelson Elliot's alternation for this correction. Please pay attention to Wave 2 on the intermediate cycle as you can see it is a fairly simple zig-zag correction. Therefore, we have a high chance and probability that Wave 4 will be complex & we can anticipate a Flat or Triangle correction
Wheat has hit new highs over the Q4 period and we enjoyed the bull-run as expected, but now it's time to prepare a major correction.

Regarding the chart, I have analyzed that Wave 3 more or less has completed its cycle. Please be extra cautious and allow room for price to reach the $700 area before deciding on making short positions. The area in which the correction should take place is between the $700 & $610 area. We must apply Ralph Nelson Elliot's alternation for this correction. Please pay attention to Wave 2 on the intermediate cycle as you can see it is a fairly simple zig-zag correction. Therefore, we have a high chance and probability that Wave 4 will be complex & we can anticipate a Flat or Triangle correction