Sugar: End of 8 waves sequence- 5th wave structureElliott Wave Count: Impulse, w1 - w2 - w3 - w4 - w5 Counter trend (abc) zigzag pattern Finalising a 8 Wave Sequence Longby UnknownUnicorn212178Updated 0
sugar/usd short term setupOn the weekly I see a strong down trend and on the daily, I see support turning into resistance as well so that indicates bearish movement. On the 4hr chart, I see price get towards that resistance line and I drew up a resistance zone from the previous high and noticed it might make a double top. I am looking to go short at that moment in time. Entry, Stop loss and Take profit are all added.Shortby chiefcapitalfx1
Bullish break?I'm short right now but if it manages to brake out of trend in either of the marked triangles i will go long. If it fails now there will probably be a significant dump before it rises by late february.by UnknownUnicorn4148911Updated 1
SUGAR TECHNICAL ANALYSIS BUY Sugar dropped to a supply zone, expecting for a long term buy Longby MYSTERYPIPSSUpdated 2
$SB - Sweet double bottom?Sugar has some bullish bias. Weekly: - Ichimoku neutral, but price is very close to cloud top, a bullish breakout could easily happen. Supports: 0,1217 and 0,1157. - A close above 0,1315 would confirm both a bullish Kumo breakout and a major double bottom. In this case space would open to 0,18 target (appr. +40 % upside) Daily: - Buy signal after price touched Kijun Sen. - Setup is bullish, a higher high above 0,1315 would accelerate the move. If you chek the price action back to 2016, you can see once it starts trending, it moves very quickly. Keep an eye on it. Longby Kumowizard2
SUGARUSDSugar will go up, but buy as low as you can..Will be following this idea closely in the coming weeks .Longby TradeUpFxEducation2
Nice set up to go long Sugar (SUGARUSD)Sugar has broken the 2 years down trend from Sept 2016 and now accumulating to prepare for a next move. It's also according with the rising of commodities and dollar weakness recently. We can go long Sugar now aim a short-term target at 0.145, stop loss at 0.113Longby dragon_88Updated 0
Sugar - short trade - heavy overbought on 1H Sugar is after yesterdays small rally heavy overbought on 1H chart and nearly heavy overbought on 2H and 4H which is an signal for an following correction. I try to trade the correction with tight stop loss above 0.126 - take profit at 0.1188Shortby DK_InvestmentUpdated 2
POSSIBLE SHORT SETUP?Sugar looks to be forming a short setup due to double-top and indecision around ichimoku cloud. Short setup is not yet confirmed as market has not given a clear direction as of yet but this is one to keep a close eye on for drop to targets identified by yellow lines in chart. HELPFUL VIDEOS TO TEACH YOU: www.youtube.com www.youtube.com DISCLAIMER; Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders. All comments and questions welcome, if curious about indicators I use then feel free to inquire. IF YOU SUPPORT IDEAS, DO LIKE, FOLLOW & SHARE. ~ THANKS! ~by Dani02
SUGAR BUY (SUGAR - US DOLLAR)Hi there. Price is forming a nice continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.by thunderpips6
OIL 2018 CHART-ARTWell if i was a hedge-fund king heavily invested in oil, i would have hung myself in 2018. Well this chart art is dedicated to all hedge fund managersby munyaelliott2
Sugar within falling wedge - possible cup and handle incoming sugar price is searching for a bottom or accumulation area. I expect first good support at 0.11 $. Targets and open positions are drawn in the chart Shortby DK_InvestmentUpdated 2
SUGSRUSD Sugar/USD - AS PREDICTEDNo. I never get tired of being right. That stuffy and redigeminted way of trading that I constantly see in charts and so-called indicators are the PAST! Markets are in need of an upgrade. A modernization! The Djinn are here to flip trading UPSIDE DOWN! In all markets. In the same way that NWA revolutionized modern music. Any trading platform too narrow minded to see the future will fade out of existence. The same way that K-mart, JC Penny, Kodak, Sears, Blockbuster, Dell and multiple other past successes died because they could not see the future. The Djinn are here to stay. Trading platforms come and go. Where is Scottrade? I REST MY CASE.by Dinjin1
SugarUSD Double Bottom?Last time sugar double bottomed was a very predictable senario analysis based on S+R and last bull rally Longby apoxy0
Sugar#11 watch for double bottom pattern Hello Traders. We already had an impulse on Sugar#11 couple of weeks ago, I'm expecting that that the price actions will continue to push higher. Trade with care, Not an investment advice. Best RegardLongby UnknownUnicorn3865496Updated 666
Sugar - again an good long entry - brakeout tradeThe sugar price is following the new bullish trend line. I have drawn the new trend line which should be followed by an 1-2-3-4-5 Elliot wave (you can see the full Elliot wave in my first sugar analysis from November 26) if the new trend line does not brake within the next weeks. 50D moving average is delivering still strong bullish signals. RSI & MACD are both still bullish and have a lot of space to grow. Longby DK_Investment1