Wheat: overwhelming pessimism leads to a bottom

2016년 5월 22일

Wheat has formed a gigantic weekly base, and is ripe to rally once price moves above 469'6.
It's a bit premature to buy, but we could get away with huge R multiples if this trade setup works.
Open long positions on a break of this level, with stops under the previous week's low.

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Cheers!

Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.

2016년 5월 23일

주문취소됨

Not valid yet.

2016년 6월 7일

노트

A matter of timing, a shame we didn't catch the move.