- Completion of a bat pattern - The entry point @ 0.15045 lines up exactly with previous support line. The support line is highlighted by price behaviour in the blue rectangles
Please see annotated chart for details.
it's enough for Sugar i think , lets go upper
Notice, Daily chart exhibits a substantial H&S pattern. If the daily neck-line is broken sugar prices could drop significantly from here. Daily: Notice the monthly impulse targets a retracement at the same length of the daily H&S pattern. Multi-Month/Twenty Year Chart:
I will look for confluence with indicators at the entry point -- as of now if price continues to rise from here to the completion point I will take this trade.
There is a consolidation pattern near the Resistance Zone. From the price action, we can see stronger selling pressure than buying pressure. If the price managed to break the buyers' stop loss level, we expect the price will fall further lower. Here are 2 trading plans for you: 1. Wait the price to break the buyers' Stop Loss level and entry 2. If the price...
Rogers Sugar Inc stock prices from the 2015 q1 to 2016 q4
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 44 COMMODITIES of Chicago, New York & londo (MA 100 & 200 inside bullish) @ drive.google.com Best regards Aaron
Price created very good imbalances, so I will wait when it will end and then will look to price retracement to FIBO 61.8 to go long.
Hi traders, We have a completed bearish bat pattern on the sugar chart. Price action indicating that it's overbought, so a correction should be expected. Entry: 0.19455 Stop: 0.19923 Target: 0.18644 = R:RR 1.73 Good luck guys!