WHEAT Long
Wheat Cash Contract PEPPERSTONE:WHEAT
WHEAT BUY MARKET ORDER : 640.6
Stop Loss: 616.1
Partials/Remove risk: 665.2
Take profit: 671.3
Risk-Reward target: 1:1.25
Trade Plan: Long
Bias: BULLISH short term.
Entry reason: Price tested key POI area.
Fundamentally: The short-term valuation tool also shows temporarily undervalued against the competing index
Stop Loss: Below nearest low.
First target: 665.2