Wheat - ZW - Possible Bullish Momemtum BuildingChicago SRW Wheat FuturesCBOT:ZW1!MOGBEBOR 🔹 4-Hour Chart (Medium-Term Swing) Price has been recovering from the August low (~5000) and is now testing 5336–5350 resistance. The recent structure looks like a base-building range with higher lows since mid-August. Outlook: A breakout above 5355 would confirm bullish continuation toward 5450–5500. Failure here likely brings consolidation back to 5250–5280. 🔹 1-Hour Chart (Short-Term Trend) Strong bullish momentum the past two sessions, with a sharp rally from 5240 to 5336. The move cleared prior resistance at 5300, now acting as support. Outlook: Momentum remains bullish short term, but expect pullbacks toward 5295–5305 as a retest before another push to 5350–5380. 🔹 30-Minute Chart (Intraday Moves) Price action is trending higher intraday, with impulsive green candles and shallow pullbacks. Resistance sits at 5350–5355 (recent swing high). Outlook: Expect choppy price action near 5335–5355. Intraday bulls can buy dips to 5310–5320 targeting 5360–5375, with stops under 5290. 🔹 Daily Chart (Broader Context) Daily shows a bottoming structure around 5000–5050, followed by multiple higher lows. The broader downtrend since June is weakening, suggesting a potential trend reversal if price sustains above 5400. Outlook: Daily bias is shifting from bearish to neutral-bullish. Holding above 5300 sets up a push toward 5450–5500 in September. Summary Outlook Bias: Short-term bullish across 30M, 1H, and 4H. Key Resistance: 5355 → 5380 → 5450. Key Support: 5300 → 5250 → 5200. Strategy: Intraday: Buy dips above 5300. Swing: Hold longs while above 5250, targeting 5450–5500. Risk flips bearish only if 5200 is broken on the daily. **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management*