David Burroughes (@davidburrs) 's Twitter Profile
David Burroughes

@davidburrs

Technical trader of wheat.
1. Market action discounts everything . 2. Price moves in trends.
3. History repeats itself

ID: 61801761

linkhttps://www.youtube.com/channel/UChnpyCCY2c-Fy1YXKCFuuQg?sub_confirmation=1 calendar_today31-07-2009 15:55:51

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David Burroughes (@davidburrs) 's Twitter Profile Photo

UKWheat November closed at £183 and now lookes to have slipped into a holding pattern. I still feel that £180 needs to be tested to resolve this pattern. #Wheat #Range #Negativegap

UKWheat November closed at £183 and now lookes to have slipped into a holding pattern. I still feel that £180 needs to be tested to resolve this pattern.
#Wheat #Range #Negativegap
David Burroughes (@davidburrs) 's Twitter Profile Photo

UK Wheat November closed at £182 after leaving another negative gap and testing a daily low of £180.90 look for the £180 test.

UK Wheat November closed at £182 after leaving another negative gap and testing a daily low of £180.90 look for the £180 test.
David Burroughes (@davidburrs) 's Twitter Profile Photo

Wheat UK November closes tonight at £179.20 below the key support level of £180 that has been in place since May 2023 as shown on the monthly chart below. #Wheat #Keylevel

Wheat UK November closes tonight at £179.20 below the key support level of £180 that has been in place since May 2023 as shown on the monthly chart below.
#Wheat #Keylevel
David Burroughes (@davidburrs) 's Twitter Profile Photo

Wheat UK November closes at £181 back above the £180 level and engulfs Friday negative. Could we at last be finding a suport level. #Wheat

Wheat UK November closes at £181 back above the £180 level and engulfs Friday negative. Could we at last be finding a suport level.
#Wheat
David Burroughes (@davidburrs) 's Twitter Profile Photo

UK Wheat November closes back down at £183.75 after giving us just two green positive candles but the market has failed to give us a third that would have been a sign of momentum and activated my trading plan. Now we have to wait and see if this pull back holds above £180 #wheat

UK Wheat November closes back down at £183.75 after giving us just two green positive candles but the market has failed to give us a third that would have been a sign of momentum and activated my trading plan. Now we have to wait and see if this pull back holds above £180
#wheat
David Burroughes (@davidburrs) 's Twitter Profile Photo

UKWheat Nov. Closes for the secound day below £180 level at £178.55. Fridays close will be inportant, will we see a bounce or confirmation of the break. #wheat

UKWheat Nov. Closes for the secound day below £180 level at £178.55. Fridays close will be inportant, will we see a bounce or confirmation of the break.
#wheat
David Burroughes (@davidburrs) 's Twitter Profile Photo

UK Wheat Nov. Closes at £178.20 tonight breaking the £180 level with three red candles and now opens the way to target £170. #Wheat

UK Wheat Nov. Closes at £178.20 tonight breaking the £180 level with three red candles and now opens the way to target £170.
#Wheat
David Burroughes (@davidburrs) 's Twitter Profile Photo

UK Wheat November is back to where we started with a failed break up and now a failed break down it leaves only one option a range at £180. #wheat

UK Wheat November is back to where we started with a failed break up and now a failed break down it leaves only one option a range at £180.
#wheat
David Burroughes (@davidburrs) 's Twitter Profile Photo

UK Wheat November I call range at £180 but tonights close at £176.85 looks to be breaking this range already. You get the feeling this market just wants to keep falling at present since the lift in late May. #wheat

UK Wheat November I call range at £180 but tonights close at £176.85 looks to be breaking this range already. You get the feeling this market just wants to keep falling at present since the lift in late May.
#wheat
David Burroughes (@davidburrs) 's Twitter Profile Photo

Wheat November closing at £184.75 up £3.95 and in the process gap filling and printing a large positive candle breaking the £180 level. My Plan as before is I am looking for 3 green candles above the £180 level this will then activate the £200 target. #Wheat

Wheat November closing at £184.75 up £3.95 and in the process gap filling and printing a large positive candle breaking the £180 level. My Plan as before is I am looking for 3 green candles above the £180 level this will then activate the £200 target. #Wheat