Fineight

SUGAR - CHEAP for coffee! #COMMERCIALS LONG

Long
ICEUS:SB1!   Sugar No. 11 Futures
Hi traders,

today´s analysis contains information about possible COT trade in the SUGAR. Commercials increased their Long positions, and we are near the extreme SUPPORT level - Edge of the Value area!

Sugar also created a nice REJECTION that confirmed our expectations. Do you remember "Buying tail" from the last videos? Sugar´s tail is one of the most beautiful ones.

Do I enter the trade right now? No!
I am waiting for the 123 pattern that is safer. It´s the last confirmation I am looking for.


Remember - trading is about connecting the dots. And that's what we do in the video.

Good trading,
Jakub
FINEIGHT
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