Long CandyIDEA: Expecting long move with support at 14127 @ Daily Average pivot & resistance @ Daily S2 pivot 14538 . Looking for Fibonacci support along the way to confirm the trend move. If daily average fails, expecting further support at 14049.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Trade ideas
!SUGARUSD Buy Position!Every crossover is targeted, no particular news that would affect sugars price. Because of the time of season for sugar the prices will increase due to growing seasons.
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CTF - SUGARUSD
Chart timeframe - 4hr
Area of interest - 1.4 , 1.8
Potential target 1 - 1.55
Potential target 2 - 1.675
Potential extended target - 1.75
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Trade Safe everyone!
Sugar Long - finally bottoming?Nice candle today if gains hold. First minor downtrend broken. Oversold on larger timeframes (daily, weekly, even monthly)
COT bullish -> MM / Large Specs short, Commercials long
Wait for current extreme to cool down ~ +5% and look for long entry. SL below the lows.
Good Trading!
SUGAR Commodity LONG- Advanced Pattern formation of Bat completion at D leg at 88% fib
- Structure to the left
- Potential double bottom at daily chart
- Fundamental news of 2017 May of Sugar and World Markets and Trade stating record global production keeps consumption of Sugar near record high.
- RSI divergence upwards






















