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Sugar: A potential move to move to the upside.

Long
OANDA:SUGARUSD   CFDs on Sugar
1) the recent pullback to the 50% fibonacci level seems like a valid entry to long Sugar.

2) however we shall keep in mind that the resistance level have not yet been broken.

3) we also see the MadD forming a bullish divergence.

4) depend on your Risk to reward. a stop loss below 50% fibonacci level and below the bullish engulfing candle's wick of the fibs will be good.

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