aibek

SUGAR. Flat correction. Wait to short after it finishes.

Short
OANDA:SUGARUSD   CFDs on Sugar
Sugar is in a long running flat correction .
The wave Y could reach out to the 0.1580 area (where Y=W) before it drops. It could also exceed it with further Fibonacci ratios 1.27-1.618.
Wait for reversal pattern at the top.
Comment:
Trade closed: target reached