Teucrium Wheat Fund ETV
Panjang

WEAT BO of triangle; gapped up to VWAP middle of conso box

68
As I posted a day or two ago, I have an upside bias with only a small retracement. Although a BO/ gap up from the descending triangle is a positive sign, WEAT has just returned to the mean finishing the day with an indecision candle right in the middle of a DARVAS BOX. It may still go either way.
Wait for reaction tomorrow at the anchored VWAP from the Jan low. However a better entry would be the BO of this BOX making a higher high or a retracement to the lower box.
Not trading advice.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.