Sugar came up to test the upper green trendline before price reversed.
Price then retraced to the 61.8 Fib Level before moving back down.
It looks like the bears are in control for now, and Sugar should continue to push lower as October comes to an end.
Daily trade analysis and ideas:
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Price then retraced to the 61.8 Fib Level before moving back down.
It looks like the bears are in control for now, and Sugar should continue to push lower as October comes to an end.
Daily trade analysis and ideas:
Telegram: t.me/Forexdojo
Facebook: facebook.com/FXShinobi
Twitter: forex_dojo
Instagram: Jaylen.Forex
Website: forexshinobi.com
ForexShinobi
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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.
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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.