Short
Sugar - Wave 4 triangle developing
In my September 7 update, I was looking for a flat correction in wave 4. This corrective pattern has now shifted in favor of a triangle developing in wave 4. Wave d is currently developing and should be followed by a final zig-zag rally in wave e to complete the triangle and wave 4 for the final decline in wave 5 towards 9.98.
Be aware the e-waves of triangle, can be sub-normal and end early.
Be aware the e-waves of triangle, can be sub-normal and end early.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.