Title: Sugar No. 11 Futures ( SB1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 21.18
Pivot: 18.94
Support: 20.04
Preferred case: Looking at the H4 chart, my overall bias for SB1! is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price...
In this update we review the recent price action the Sugar futures contract and identify the next high probability trading opportunity and price objectives to target
Title: Sugar No. 11 Futures ( SB1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 21.18
Pivot: 18.94
Support: 19.30
Preferred case: Looking at the H4 chart, my overall bias for SB1! is bearish due to the current price crossing below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue...
Looking at the H4 chart, my overall bias for SB1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 20.10, where the 50% Fibonacci line is. Stop loss will be at 20.49, slightly above where the 61.8% Fibonacci line and minor high is. Take profit will be at 18.94, where the 50% Fibonacci line...
Title: Sugar No. 11 Futures ( SB1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 21.18
Pivot: 18.94
Support: 19.30
Preferred case: Looking at the H4 chart, my overall bias for SB1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue...
I'm a little late for this trade, but I feel it's not too too late.
THis is the classic setup - you can see the recent high was 21 and the recent low is 19. Then price action bounced back up to hit 20 - the midway mark - If I had looked at this chart yesterday, I would have put a Sell Order in at 20 and I'd be in good shape already.
Anyway, I put in a Sell...
Daily SB analysis
A long position with the target and stop loss as shown in the chart
The trend is up, we may see more upside
All the best, I hope for your participation in the analysis, and for any inquiries, please send in the comments.
He gave a signal from the strongest areas of entry, special recommendations, with a success rate of 95%, for any inquiry or...
We have entered long in Sugar futures.
This position is not validated with all the patterns of our TTW system, so the percentage of liquidity assigned to the series of positions is very low.
Using our algorithmic trend-following system, Sugar futures are at 3-year highs, with an RSI of 63.57 on the weekly chart, and 65.64 on the monthly chart. The asset has...
This is an example of Channel Up and M Pattern (Bullish Bat).
Found that M Pattern (Bullish Bat) within Channel Up.
Pattern already touches PRZ (orange) and completed TP1 and TP2 (lime).
Indicator used :
1. Regression Channel Alternative MTF
2. HH-LL ZZ
3. XABCD Harmonic Pattern Custom Range Interactive
Sugar mayb building a bull flag.
Elliot wise i think we finished some sort of ABC, perhaps now we will get 5 of A and mayb even 3 of 3 of A - thats the bulliest.
COT reports back me up, if the level around 18 will hold it will be very bullish for the short term.
IMO
Sugar prices have been surging higher over the past week, rallying off the lows near 17.50 from the end of October, and is now looking to try and take out the April highs. These moves higher have put Sugar in overbought territory, and it is a seasonally bearish time for Sugar, meaning Sugar has traded lower from November 11th to December 7th 13 out of the last 15...
it seems that sugar is going to conquer new heights.
With this situation, in my opinion, inflation will grow again (caused by external factors) and the scenario of inflation stagnation, which is less likely to happen due to weak inflation reports, will become the main scenario again. the reason why I constantly emphasize buying gold is this. Is.
in my opinion,...
Daily SB analysis
Sell trade with target and stop loss as shown in the chart
The trend is down and we may see more drop in the coming period in the medium term
All the best, I hope for your participation in the analysis, and for any inquiries, please send in the comments.
He gave a signal from the strongest areas of entry, special recommendations, with a...
