Wheat Appears to Bottom

This appears to be the bottom of the recent wheat sell-off. Prices are marginally, albeit insignificantly, higher than when the rally began more than a week ago. I am now preparing to take long trades again. Note the higher lows on all three time frames of the triptych. If a higher low and a higher high define a trend, then a new uptrend has begun on the two charts on the right (tick, 3 min).