Enter SUGARUSD at 0.14392. Take Profit at 0.15120.
SUGAR on the 4h chart after reaching the 0.15 level starts a retracement move. The price touches e exactly the 0.382 fib level and created a falling wedge. IF the market will close and break above the 0.14300 area and consequently breaks the descending trendline we can set a nice long order according to Plancton' strategy. ––––– Follow the Shrimp 🦐 Keep in...
SUGAR on the 4h chart after reaching the 0.15 level starts a retracement move. The price touches almost the 0.382 fib levelk. IF the market will close and break below we can set a nice short order according to Plancton' strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
The recent pullback from 15.50 resistance did shake out some players but the fundamental story remains the same (Lower production on the softs though a risk of Indian Exports continues to hound the market. Actually, buying near the lower end of the channel for the past couple of days with a wide stop and proper sizing would enable a trader to catch and on to it as...
Sugar looks like a textbook basing out here. What is key now is to get a recoil before the break of 15.50. So far so good. Target price of $24.
Hi Guys, Here some ideas in respect of Sugar. Good, bad, I don't know. I'll let you decide. Please share your views and comments below. Thank you for your support and for sharing your ideas. PS. The hammer was not a hammer Cozzamara Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained...
Trading on Fibo levels using a correction grid. Short position
NSE:DHAMPURSUG can break out on either side and needs a close watch. Volumes also will be crucial to watch out for at the break out/down point. Good entry would be above 148 for a quick gain in short term.
Sugar is preparing for something big. The price is in range for a couple of days now and the ATR is dropping. I'm biased for some reason that price will drop sharply. However the trend still remains bullish on all TFs. Hoping to see price at the area of value to work out intentions from there. Good luck traders. Note: I'm no trading expert nor have the...
SUGARUSD Entry Price 0.14420 Target Price 0.15114
SUGARUSD Entry 0.13888 Exit 0.14716