WHEAT Is It Going To Reverse ? Wait For bearish Price Action

27 Şub 2022

Hello traders:

WHEAT is also looking clean for the downside reversals.
We can see that price has formed into a larger, higher time frame ascending structure, correcting the price up.

We also see a clear rejection and a possible bearish reversal impulse, after hitting a double tops.

HTF:


Latest development has shown us a bearish reversal impulse after initially breaking to the upside.

Watch for LTF bearish continuation correction, as a confirmation for further downside, if price can develop into.

Thank you

DISCLAIMER:
-My forecast and analysis are NOT trading signals nor financial advice, you should not enter trades and invest solely on this information.

1 Mar 2022

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