SUGAR - A Deep Reaction Wave, How the Price becomes Climactic
The Underlying Trend has squeezed. But it is still Bullish, FOR NOW. Later it will confirm the reversing of the trend.
Understanding the Weakening of the Bullish Momentum and the Thrust Shortening when the price becomes Climactic.
Details on the chart.
Thank you Girolamo Aloe
Disclaimer Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.
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.