Kumowizard
Long

Sugar - Daily Heiken Ashi signals a swing up

ICEUSA:SB1!   Sugar #11
118 4 1
Weekly:
No new comment since my last post.

Daily:
- 14,30-14,40 held well this week, price couldn't really break lower.
- Green Heiken Ashi candle with haDelta more above SMA3 and both lines trying to cross back above zero level.
Oscillator is still bearish .

We may see a swing up again from here within the tightenning triangle. Price will likely retest Kijun and Kumo. For a real bullish breakout and reversal it should clear 16,00. I think for the first attempt it may fail, but its not impossible that later, within a few weeks we see a trend reversal.
haDelta further up above SMA3 today. SMA3 crosses back above zero line. Daily HA candle is green again with no lower wick. More upside expected.
Reply
I like your study and I think the reersal is close but also we are will see 13.5 next week
Reply
Well, anything is possible. Sugar is in fact trading in this tightenning triangle, in a range. It may drop, but currently Heiken Ashi signals rather some more possible bullish move. Then we'll see what happens at the range top, at the main trendline.
Reply
I'm trying to sell it!
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out