Beautiful structure as sugar price gonna complete the large correction to tag the multi-decade low of 0.0526 Wave C is 5 waves and it is in the second leg of wave 4 up before the last drop.
Sugar looks to be forming a short setup due to double-top and indecision around ichimoku cloud. Short setup is not yet confirmed as market has not given a clear direction as of yet but this is one to keep a close eye on for drop to targets identified by yellow lines in chart. HELPFUL VIDEOS TO TEACH YOU: www.youtube.com www.youtube.com DISCLAIMER; Do set...
Sugar is in a long running flat correction. The wave Y could reach out to the 0.1580 area (where Y=W) before it drops. It could also exceed it with further Fibonacci ratios 1.27-1.618. Wait for reversal pattern at the top.