Sugar great idea with Eliott waves
You can see Eliott waves on sugar chart, also C wave started
Let me tell you next:
I have read from several sources that sugar production in the world has declined so this can raise prices.
Price has already hit a strong resistance. it will probably be broken.
After price confirm you can enter long position I enter earlier!
For TP we have 2 target. the first one is the 50% Fibonacci level and the second one is 61%.
about the chart, if you have questions ask me in the comment I will answer you.
Have a nice weekend
Let me tell you next:
I have read from several sources that sugar production in the world has declined so this can raise prices.
Price has already hit a strong resistance. it will probably be broken.
After price confirm you can enter long position I enter earlier!
For TP we have 2 target. the first one is the 50% Fibonacci level and the second one is 61%.
about the chart, if you have questions ask me in the comment I will answer you.
Have a nice weekend
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