Sugar may target 22.7
Updated
Daily chart, Sugar 
SUGAR can be seen as forming a diamond chart pattern.
Since there is a price gap, as shown in the circle, it may go to close this gap before a rebound to the resistance line R.
Above R, the target will be 22.7 passing through a resistance level at 20.9
Stop loss below 18.4 should be considered.
SUGAR can be seen as forming a diamond chart pattern.Since there is a price gap, as shown in the circle, it may go to close this gap before a rebound to the resistance line R.
Above R, the target will be 22.7 passing through a resistance level at 20.9
Stop loss below 18.4 should be considered.
Trade closed: target reached
It happened quickly.. So, some correction is expected before more climbing up.Trade active
A new bullish movement is expected towards 25 - 26
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.