ABC/123 to Measured Move area ?Following the selloff, we have surpassed the prior high and retraced. Now showing strength for a possible C leg (or w3). New momentum high relative to the downtrend.Longby TAcharts0
sugar is going up after a 0.618 retracement1.the price is supported well at this level 2.XYAB pattern suggused a movement upward 3.the Oil,stock market also suggused a correction after a sharp dropping. I dont know if this rally would turn out to be a new trend up,but it is worth to tryLongby bobwff33Updated 1
Sugar ready for mark up!!Wyckoff accumulation appears to have finished. Coiling up just above resistance and would put it late in phase D. Phase E should begin soon! Also, there's bullish divergence on the monthly chart (not shown) too. Buy and hold this one for a while guys :)Longby RB1988221
Target Area for Sugar Retracement ?A few thoughts on Sugar and what may lie ahead. Potential short in retracement area.by TAcharts2
Sugar Buy IdeaSugar Buy Idea @ Daily Demand Zone (11.17 - 10.46) Buy Limit: 11.19 Stop Loss: 10.43 Take Profit: 12.91 Risk Management = 0.01/$100 Recommended Leverage not to exceed 1:50 Recommended Risk Ratio 1:1.5 – 1:3 Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level Close partially the contract once it reaches 80% of the profit Longby Mohamed_Kabesh6
UPD: Reached minor weekly supply zone in SD3 areaNegative momo divergence in sight $SB_F, $CANEby pantheo1
SUGAR Front month long tradesugar front month is on a tear and looks like an abcd pattern but also looks like the bottom of the downtrend. i woujld long this for as long as i can Longby BigChrisATrades2
Sugar Is MAD! Time to calm down, but just for a bit! After a huge sell-off it is time for the sugar to shine. We have a big 1 week candle and huge 1 month candle so far. But as it grew so fast and furious it needs to calm down a bit. I am proposing a trade based on RSI and closing top of the channel and 13$ . In the upcoming week we will move in the area of 12-13 $. Short: 12.7 - 13 area (I have opened a short, and open another one if we go up) Stop Loss 13.1 Target1 11.8$. Target 2: 11.5$ Timeframe - 1-2 weeks . We will keep the big monthly green candle! When we hot 11.8 I will go green for chasing the 15$ next month! Good luck! Shortby SlaviToskov1
Sugar turned out to be a beautiful trade..Sugar 2 days ago hit bottom. This was a good opportunity to take it long. Entry: $10.07 (23/08) Exit: $10.31(24/08) Return: 2.3%Longby DuriusUpdated 4