ZW long: Short-term oversold

It seems that wheat has been oversold on the lower timeframes (i.e. below 1hour). I believe that the risk-reward is now favourable on the long side.

Note that the current price is also an important price zone as I have highlighted in circles.

Trade chiuso: obiettivo raggiunto:

Sorry for the late update. I tend to visit my account quite infrequently recently. Target hit.