From the very open of the market the price hit support at $5.97/bu and tested it going lower after the first 30 mins of trading. A small pull up and second test of the support and the break down for an instant entry.
hedge project - updates
Wheat breaking down - first trading hour Wednesday 11/18/2020 05:57:00 PM GMT+03:00
Wheat (ZWZ20) December contracts opened with a slight push up and after hitting high of the day went lower during the first trading hour. Here's a great example of drawing support line and waiting for price action to break lower for an enter and profitable trade.