Brief explanations of my trading idea:
1️⃣ Sugar is in an upward long-term trend, working only in long is a priority - since March 2020, the price of sugar has already increased by a little more than 100%, by 2024 it will already be about 270%, that is, compared to March 2020 - until 2024 of the year sugar will rise in price almost x3.5 😱
2️⃣ In the first quarter of 2022, a correction to 16 cents per pound of sugar is likely, after which the uptrend is expected to continue. After the correction, the sugar will make x2, as I said many times before.
🎯 My target for 2024 is 0.32-0.33$ per pound of sugar , after which the price will drop to current levels by 2027.
1️⃣ Sugar is in an upward long-term trend, working only in long is a priority - since March 2020, the price of sugar has already increased by a little more than 100%, by 2024 it will already be about 270%, that is, compared to March 2020 - until 2024 of the year sugar will rise in price almost x3.5 😱
2️⃣ In the first quarter of 2022, a correction to 16 cents per pound of sugar is likely, after which the uptrend is expected to continue. After the correction, the sugar will make x2, as I said many times before.
🎯 My target for 2024 is 0.32-0.33$ per pound of sugar , after which the price will drop to current levels by 2027.
Trade active
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🚀 Торгую криптовалютой здесь: bit.ly/33TJkow
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.
🔥 FREE Telegram канал: t.me/Anonymous_trader_Academy
🔐 Vip канал info: t.me/+UuVSKoW9QD_oBfUX
🚀 Торгую криптовалютой здесь: bit.ly/33TJkow
🔐 Vip канал info: t.me/+UuVSKoW9QD_oBfUX
🚀 Торгую криптовалютой здесь: bit.ly/33TJkow
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.