Wheat futures (CBOT) is rebounding from the support level, and it seam a bullish pattern is being formed - Cup and Handle!
After complete formation of chart pattern, the target will be 760 US cent/bushel (23.4% increase from current level)
Indicator RSI is positive
After complete formation of chart pattern, the target will be 760 US cent/bushel (23.4% increase from current level)
Indicator RSI is positive
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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.