Long
WHEAT USD early signs of trend reversal LONG

This idea is based on the early signs of trend reversal such as bullish RSI divergency, 4h doji candle, and we can see the 1D 200EMA usually works as a nice bouncing point. I have indicated the s/l levels of my trades and t/p marked as 1 and 2 where I would be closing some of my position (t/p1) and keeping the remaining with moving the s/l to the opeming position minimising the risk of making a loss
This is just an idea not a trading advise, protect your capital, have a s/l that won't ruin your night sleep :)
This is just an idea not a trading advise, protect your capital, have a s/l that won't ruin your night sleep :)
Note
my s/l was triggered but I have re-opened the position still bullish on this one!Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.