FxPro - Analytics

FxPro

751.75 6.25/10
88% of positive reviews
Real

Wheat Wave Analysis – 18 November, 2019

  • Wheat broke support area
  • Likely to fall to 490.00

Wheat recently broke the support area located between the support level 502.00 (which stopped the earlier impulse wave 1) and the 38.2% Fibonacci correction of the previous ABC correction (2) from August.

The breakout of this support area is aligned with the active impulse 3 and (3).

Wheat is expected to fall further toward the next pivotal support level 490.00 (former resistance from September and support from October).

1574088486


To leave a comment you must or Join us


By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree