CBOT WHEAT :Bullish structure

Bullish structure, today's low is a key support.

wheat may21 daily.png
 
It is extremely important to show when the uptrend started.

You failed to show that the uptrend started in Aug 2020.


Now it seems more like ranging though there is a slight upward bias.
Hammer and hand and arrow will not push the price higher.



many other soft commodities exhibit a similar pattern.
 
and down it goes to 613.


It is time for the OP and ADFC Eagle to review
why that hammer, up arrow, support line, hand symbol, up channel ....
failed to push the price up.

Did they comprehend what is happening to the various crops
like corn, soya, wheat, palm oil ....

Did they comprehend the weather forecast?

Did they comprehend the trade war thing ?

Did they know how to do the technical analysis correctly?

etc etc etc

You cannot draw a few lines here and there and expect
to earn tons of money.
There are much more things you need to do.


As such,
I'd give a Thumps down to the first post.
 
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