SUGARUSD - Can't break resistanceMultiple rejections at resistance, i except a drop to the 'BuyZone' - not financial advice -Shortby CryptoColugo5
Sugar down to .1246 , Temporarily ShortLooking like the RSI got up there on the longer time frames, MACD rolling down on the 4hr. Blow off top formation? We have support and strong volume profile at around .1246- .1295 . Please do not confuse my ammature speculation with professional trading advice. Shortby ChartProphet7
Sugar most likely going downKey resistance level reached on a longer timeframe and overextension to the upside = Short opertunity Very Good RRShortby TheSnowballEffectUpdated 4
SUGAR Long OpportunityI'm actively monitoring Sugar for a long opportunity if price breaks as shown. Will update if I get in :)Longby FrancisBeaudoinUpdated 3
SUGARUSD Bearish SetupSugar Usd bearish interest , monitoring required .Shortby UnknownUnicorn1460715
SUGAR US Time to start shorting Sugar, or just an ascending triangle that price consolidates in before it breaks up to higher prices? RSI gives signals of exhaustion for the bulls and four signs of bearish divergence, obviously we have been up trending for a while now and is only reasonable for RSI to fall from overbought to neutral levels, the four last peaks on price though do not carry much buy volume failing to break higher.Same time line of demand points upwards creating an ascending triangle which means there are still buyers keen to buy on higher levels and that is a bullish sign . Watching the way we break out of this ascending triangle will be the answer to this, Taking a small short position here and see how this trend will play out . by django23
SUGARUSD - betting on longI'm not trading these assets frequently, but are nice from technical perspective. I expect it to break above current resistance and go to 0.15 area before it will cool down. Daily MACD is not looking promising, but RSI is warming up. From weekly perspective, MACD is OK and RSI is running flat in the overbought area. Nevertheless, weekly close above 0.134 would signal to enter on any pullback on smaller timeframes and aim for 0.15-ish. There is a hidden divergence on 4h chart, if someone is in scalping mode :) Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)Longby rludvik4
Long Term Prospects for SUGARUSDThe SUGARUSD is in a correction of a long-term Bear Market with price trading above the 50 week ema, but below the 200 and 800 week emas. The 50 week ema is currently trending upwards slightly, though the long term emas are mostly flat, signaling accumulation/distribution. The price action appears to be finishing up the third of five waves up, coming against prior resistance, so a pullback is likely. Since this is a c-wave it should sharp and short in duration. The Market is in a Bear Market rally on the daily, with price above the 50 ema which is above the 200 ema, but still below the 800 ema. Price is currently testing the 800 ema with the a-wave top a little above that at .13333. Both are levels the third wave of this c-wave could pull back from in a fourth wave. A measured move upwards for this c-wave would take price to 0.14178. The Market is in a Bull Market on the 4 hour, with price above the 50 ema, which is above the 200 ema, which is above the 800 ema. Price would have to close below 0.13090 to be considered in an correction. The price action looks like it is getting ready to burst upwards to 0.13333 over the New Years week. There is an opportunity here to short against overhead resistance when a top formation appears. The longer term opportunity is to buy the bottom formation from an upcoming pullback for a powerful up move to complete the c-wave. This is my SUGARUSD look ahead for my own trading purposes. FUTURES trading involves risk. Feel free to comment, but trade off of this post at your own peril. Longby Cincinnatuus5
Sugar - Bull FlagExpecting bullish movement till end of November. Used a Fibonacci Circle to anticipate target. Longby FumariUpdated 5
SUGARUSD 1D /// Nice H&S Reversal and approaching Target.SUGARUSD 1D /// Nice H&S Reversal and approaching Target.Longby KonHinN5
monthly, weekly and daily shiftsa nice display of the obelisk shift i've been talking about. the understanding of time itself moving through light. reversal at obelisk obviously...but long and strong into it! steady and lengthy out of it :D Longby SacredGUpdated 4
SUGAR DOWNWARD CHANNELPrice action respecting the downward channel. Price failed to stay on top of the EMA50 line Short all the way down to 0.105 (TP), while preparing to go long after.Shortby TrainingTraderUpdated 6
Need to consolidate before going longAs the title says. No place to put stop loss in the current structure.Longby Think_Trading5
SUGARUSD LongSugar has just broken out of a falling wedge pattern which could also be bullish flag. Nothing too complex, but I marked out where any divergences have played out coupled with the RSI > 65 signalling intermediate tops. I think sugar has anywhere from 5 to 10 percent to go up before marking another intermediate top. For this trade, use the CANE ETF. I would suggest a stop below today's open and to just let this trade run.Longby BigMouse777Updated 1
Sugar Usd Short Set-upSugar to Usd 60M, - strong highs it doesn't look like bulls will make it though an up trend. Bearish interests, and a bullish break above dsl will invalidate the Set-upShortby UnknownUnicorn1460716
SUGAR SHORT D1 UPDATE - DOUBLE TOP REVERSAL COMING?Hey traders, this is the update for the Sugar trade that I am still currently in. Looks like price has come back up to the green trend line before reversing. Looking left we see that price reached this exact area before, creating a potential double top pattern. If you did not enter before, now would be a great time with a risk to reward of 3. If price can break the neckline bears will be in full control. The moving averages are also looking like a bearish cross soon on the MACD. Daily trade analysis and ideas: Telegram: t.me Facebook: www.facebook.com Twitter: forex_dojo Instagram: www.instagram.com Website: www.forexshinobi.com Tiktok: @forexshinobi ForexShinobi Shortby FXShinobi5