We have a triangle pattern in development on lower timeframe. It would be a good idea to sell on breakout.
uptrend ... im waiting for breakout and entry to another buy position ... buy after breakout
everything is ready for a nice gain on sugar .. today will be break ... buy after breakout
It seems that sugar price will be higher in few weeks
Currently, sugar retraced back to 50% fibo level(from previous bear trend(started 4th Q last year). In Jan 17, will it going into consolidation process before continue to bear trend in next month?
after lots of weeks corrections chart is going up... buy
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!
according to elliot wave and positive divergence in MACD and oversold oscilator, i think sugar is bullish