Big movement expected on Wheat DECEMBER 2020 after a breach of the resistance

Wheat DECEMBER 2020 has broken through a resistance line of a Channel Down and suggests a possible movement to 610.4283 within the next 8 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 12 days.