Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
SUGAR Wait for structure to complete and buy
CFDs on Sugar
Long
SUGAR Wait for structure to complete and buy
By jojofang0901
Follow
Follow
Updated
Jul 12, 2020
2
3
Cheer
Cheer
4
4
Jul 12, 2020
Hello everyone:
I am looking at SUGAR for some long term buy opportunities.
When we zoom out and look at the higher time frame, we see a sharp move up from a double bottoms.
Price then begin to form a correctional structure, and looking for continuation once structure is complete.
I will wait for price to move down once more to the bottom of this continuation structure, and look for buy opportunity to the upside.
Thank you
Jul 12, 2020
Comment
higher time frame:
Jul 18, 2020
Comment
Look for this correction to complete on the lower time frame.
Double Top or Bottom
Flag
priceaction
structure
Wedge
jojofang0901
Follow
Follow
Related publications
GBPCHF Trade Analysis & Review
by jojofang0901
Published
Risk Management - All new traders need to understand
by jojofang0901
Published
EURGBP Multi-Time Frame Analysis and Management
by jojofang0901
Published
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
.