Anbat

Sugar Will Be Bullish Soon - All Times Low (after 2008)

Long
Anbat Updated   
OANDA:SUGARUSD   CFDs on Sugar
When you look at SUGARUSD weekly chart, price action is at 10 year lows now but still showing red. I believe that 0.09850 will be turn around soon (this month), then bullish trading for rest of year back to 0.13370 area. Consertive traders will wait for break of red trend line above current price action, if you are agrresive then look at daily and or hourly charts for entry signals to trade bullish.
Trade active:
Looks like price action finally broke to the upside.
Trade closed: target reached:
looks like rest of 2018 was bullish, now sideways price action or ranging.
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