Wheat, 3/12/15

ZW[K5], Long, Wedge
Entry: 507.50
Stop: 495
Target: 540
Risk/Reward Ratio: 2.6

Screen Shot 2015-03-12 at 4.46.32 PM

1.5-month wedge pattern, I tend to be cautious of wedge patterns because more so than other patterns, it can really be up to your interpretation depending on how you draw the trendline. I made a nice profit in early January off the downtrend, looking to catch the upside this time.

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