due to everything's happening in the world right now, wheat is just as MANY markets is gonna get highly effected by the situation and it has showed that in the chart.
as we can see the price has had a really good volume, although it's rejected but it's only the start of a trend not the end of it or something, but one sure thing is that its effect is absolute and that rejection is gonna get the market to a point where it's gonna do a pullback to get some momentum and then to just get on the rocket.
this is the weekly chart so the profit is gonna be really good but the risk is higher so get a really good entry and hold on to it.
as we can see the price has had a really good volume, although it's rejected but it's only the start of a trend not the end of it or something, but one sure thing is that its effect is absolute and that rejection is gonna get the market to a point where it's gonna do a pullback to get some momentum and then to just get on the rocket.
this is the weekly chart so the profit is gonna be really good but the risk is higher so get a really good entry and hold on to it.