markpsyduck

SUGAR breaking out or not?

OANDA:SUGARUSD   CFDs on Sugar
We have to wait a bit before market shows direction, right now sugar broke out of bearish channel
and went all the way up to support of last time,

either we move further up ( in that case you can open a long )
if it drops we will see a retreat to the marked level.
my advice is wait 6-10 hours when market is open before you open the position.

When short TP is 0.1
When long TP is 0.113
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