May Wheat futures: Daily trend reversal

8 thg 2, 2023

This setup can lead to a larger failure of a weekly decline signal, which could cause a major move in $ZW_F. I'm long May futures here, paying close attention to how it develops, if the signal isn't stopped the trade could be held for longer until the chart evolves into a higher timeframe trend potentially, that would be the ideal scenario here.
Best of luck!

Cheers,

Ivan Labrie.

10 thg 2, 2023

Giao dịch được đóng thủ công

This ended up hitting the target. Formed a new signal too but not sure it will work, could reenter on retrace maybe.

15 thg 2, 2023

Ghi chú

Topped at the target so far.