watching ...buyeverything is ready for a nice gain on sugar ..
today will be break ...
buy after breakout
SUGARUSD trade ideas
SUGARNo big downward reaction from the rejection at the resistance zone (flip zone) and get supported at 0.2 round level so far.
Plan is to buy at break above the recent swing high - above 0.21
SUGAR bear trend retracement in Jan 17Currently, sugar retraced back to 50% fibo level(from previous bear trend(started 4th Q last year). In Jan 17, will it going into consolidation process before continue to bear trend in next month?
SugarRejection at potential resistance zone, coincide with 50% retracement, after a strong uninterrupted rally from 27 Dec 2016.
Will look to go short when this market opens later today.
SUGAR, H4, LongPrice created very good imbalances, so I will wait when it will end and then will look to price retracement to FIBO 61.8 to go long.
SUGARUSD bearish bat pattern [JUST AN IDEA]Hi traders,
We have a completed bearish bat pattern on the sugar chart. Price action indicating that it's overbought, so a correction should be expected.
Entry: 0.19455
Stop: 0.19923
Target: 0.18644 = R:RR 1.73
Good luck guys!
probably sugar is ascendingaccording to elliot wave and positive divergence in MACD and oversold oscilator, i think sugar is bullish
Sugar in complex W4after ending extended W3, now it`s going to counter trend wave
I think we must wait for a complex adjustment wave
Short Sugar after uptrend support line breachedAs the uptrend support line breached, the price of Sugar should going downward. Target to achieve is 0.1666 @ 61.8*% fibo.
wait for the MACD cross - and then going longHi all,
Waiting for the MACD cross before I enter the long trade.
Sugar: I am bearishComments on the chart. If this idea proves correct and a 5 wave down move happens then we should have a 3 wave retracement which should lead to a much bigger downmove.
Nice triangle patternWe have a triangle pattern in development on 4hr timeframe.
There are two scenarios possible.
Please have a look on chart for details.
Good luck |
