SUGER We expect a drop in the sugar commodity, since prices are below the resistance point of 18.70, and we expect prices to target 17.61, and we also expect more decline in wave ((iii)) target prices of 16.69 in the coming period
This is really a terrible trade, but I'm posting it anyway. High Risk SUGARUSD $SUGARUSD Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
cocoa Expecting the continuation of the rise in Cocoa in the coming period, and this rise depends on the continuation of trading above the support point 2315 and the end of wave ((ii)), and the beginning of the rise in wave ((iii)) targeting prices of 2741
COFFEE We expected the rise to continue to complete wave 3 of wave (5), and we expected them to continue to the 1.618 level, targeting 248.55, and we expected not to break the support point at 209.45, which is the bottom of wave 2
This is usually a bullish pattern. So, it is time to buy some sugar.
DHAMPUR SUGAR MILL - Short-term Trend analysis 1. V shape recovery, it falls more than 65% from the all-time high... 2. It May be in the over-bath zone. 3. If the stock opens and closes at more than 234 then it may have a short-term up rally. 4. Target is 317 if the market trend reversal. 5. Fundamentally good stock, maybe we can hold for the mid-term for a good...
Sugar has been trading within a large rising channel for almost a year. After recently testing and confirming channel support, price has rebounded and we're just about halfway up the channel. A falling window (gap down) served as resistance on the way down to support and has also temporary stalled the current rally. Now, after a strong daily close above the...
Hello,Traders! SUGAR was trading in a falling channel but now we are seeing a powerful bullish breakout So I think that after the pullback and retest We will see a further move up towards the target Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Week setup: Bearish Engulfing bar Day signal: Retest of Hidden Head & Shoulders neckline. 4HR Signal: Retest of Head & Shoulders neckline + Double Tops downtrend. 1HR Signal: Retest of Double Top downtrend neckline. IDEA: A strong daily close of price below $549 would suggest a more bearish sentiment.
Sugar is used in food, beverage, and in biofuel production, and its importance in global trade gives it a strong position in the commodity futures market. The price of sugar has surged 17% since the beginning of January 2021. Reduced Brazil production Sugar prices have recently been affected by production levels in Brazil, a key sugarcane producer and...
Let's eat candy while watching sugar prices) * None of what i write here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose your money.
✅SUGAR is going down now But a strong support level is ahead Thus I am expecting a rebound And a move up towards the target LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Drawing a Fibonacci Retracement from the low of 17.36 made on Feb 3, to the high of 20.46 made on April 13, we have retraced 61.8% of the up move. 18.54 is that level, which was also the low of the day yesterday, May 4, 2022. This is the line in the sand for bulls, but considering it held, and we are about to poke our head out above the Ichimoku Cloud, the odds...
Opinion: As oil prices increase, crop rotations kick-in favoring Wheat production where the climate is appropriate. Price of agricultural goods is affected by increased transport prices and crop production space rotations. I expect all agricultural produces prices to increase significantly in the coming months. Including sugar. TP1 looks attractive. This is not...
It's a Brave New World. Fertilizer was facing a shortage going into 2022 (like most commodities, it has had a undersized amount of investment, with tech seeing most of the in flows) but after the Putin YOLO (that's my ELI5), potash is now in shortage. Using that fact as a basis for expanding my commodity thesis to include more food commodities. I picked CANE...
● Sugar #11 - ICE (SB.F) 🕐 TF: 30D Fig.1 USX lb (pound) In Figure 1 , you can see the wave count from January 2021 . A continuation of the upward correction Ⓑ with the target zone 18.04-21.27 was predicted. At the moment, the set goal has been achieved, the corrective wave looks completed. The probability of resuming the decline by the final ...
Oh Sugar! I know most of us do not trade this pair, but I have managed to make so good trades from this commodity so far. I think you guys should check it out. As for commodity, I only trade Silver and Sugar. I would like to trade Gold but the lot size requirement is not for me as at now. Anyways, this pair has been bullish and has hit the monthly high, it is...