In wheat today, there was an impulsive increase of approximately 4%. However, indications suggest that this surge may lack sustainability.
When considering the price in relation to standard deviations, two noteworthy observations emerge: a zone of high liquidity aligns almost precisely with the range of a double standard deviation.
Nevertheless, a substantial amount of sell-side liquidity awaits below, ready to be tapped.
For these reasons, we hold a mid-term bearish outlook on wheat.
The outlined trading idea is presented as a suggestion for a specific trade opportunity, featuring a risk-reward ratio exceeding 2.6:1.
When considering the price in relation to standard deviations, two noteworthy observations emerge: a zone of high liquidity aligns almost precisely with the range of a double standard deviation.
Nevertheless, a substantial amount of sell-side liquidity awaits below, ready to be tapped.
For these reasons, we hold a mid-term bearish outlook on wheat.
The outlined trading idea is presented as a suggestion for a specific trade opportunity, featuring a risk-reward ratio exceeding 2.6:1.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.