Wheat DECEMBER 2020 is heading towards a price line of 539.0000 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
US Oil – breach of price line that’s been previously tested numerous times before
US Oil has broken through a resistance line. Because we have seen it retrace from this price in…
Big movement possible on US Oil after a breach of 62.0410
US Oil is once again retesting a key horizontal resistance level at 62.0410. It has tested this level…
US Oil is approaching a resistance line of a Channel Down. It has touched this line numerous times in the last 3 days.
US Oil is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…