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markpsyduck
Apr 27, 2020 7:15 PM

Sugar inside bear channel Long

SugarOANDA

Description

It's moving perfectly within a bearish channel.
with today's correction it gives us a nice option to long
chart is based on 4hr timeframe!

Comments
kjindal
Will the price oscillate in the channel?
markpsyduck
@kjindal, probably we come down to 9627 (point 3 and resistance point between 4/5 , from there you can expect to go back up again, since it broke the channel pretty heavy.
kjindal
@markpsyduck, Thanks :)
markpsyduck
@kjindal, you can ignore it.. it's not comming back. in a while :D
markpsyduck
worked out like a charm
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