ZanderGoh

SUGAR USD

Long
ZanderGoh Updated   
OANDA:SUGARUSD   CFDs on Sugar

Good Doji formation forming with Support line.

Another reason is that, the low of <--- has been taken out with a long wick.
Which might be seen as big institutional player clearing stop losses that might
be placed around that area before moving the prices up for best entry.

Looking at better price entry for 1:2 min Risk reward.
Seems like this week is a commodity play
Comment:
Trade is now on. Eh feeling exciteddddd
Comment:
Okay, seems like that doji candle and support level did not hold, ended the trade with 1X loss. Always keep your losses of dollar value in check in relation to account sizing~

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.