SUGARUSD trade ideas
Sugar could retest a weekly support 🦐Sugar could retest a weekly support after a nice impulse.
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
SUGARUSD : Swing, 100% Price ActionSUGAR : Follow the downtrend.
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$Sugar is playing with 450 DMAI like such set up since the price is playing with 450 daily MA and this could result in strong uptrend to .13459 or .14119 in this case. Be aware the YPP is above and this might stop the trend for a while.
Please do your own research and use SL or Hedge your positions.
SUGAR Wait for structure to complete and buy Hello everyone:
I am looking at SUGAR for some long term buy opportunities.
When we zoom out and look at the higher time frame, we see a sharp move up from a double bottoms.
Price then begin to form a correctional structure, and looking for continuation once structure is complete.
I will wait for price to move down once more to the bottom of this continuation structure, and look for buy opportunity to the upside.
Thank you
SUGAR LONG if the price will break resis 12.301. Sur graphique d'une semaine on voit la formation d'un triangle en expansion à l'envers.
2. Forte résistance au niveau 12.30.
3. SMA 200 résistance DAILY
4.Si le prix va casser la résistance 12.30. Le prix de sucre va augmenter jusqu'à 12.90
5.La ligne senkou span B la résistance ideale sur 4H
6.Le prix va ferme le gaupe au 12.88
7. Canal acsendant en DAILY
(Sorry for my french)
Sugar reached clear trendline, let's see how it reacts. Will be looking for opportunities either ways :)
SUGAR USD BUY (SUGAR - US DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Double Top on SugarWait for comfirm pattern (support 11,5 USD). Trend line was broken. Target 11 USD. Also MACD looks bearish.
SUGAR ($SUGARUSD) 🍬| Do we See a Sugar High or Cavities?🍦 The future of sugar futures looks sweet. Sugar futures have been trending well recently, with levels being constantly respected, so the chart is attractive from that perspective. It is especially attractive for the bulls given the current recovery on the back of the COVID correction.
With that in mind, despite the bullish price action, this hot sugar chart looks like it could cool off here and crystalize for a bit.
Below we map out a potential pathway for both the bulls and bears to find out if this sweet tooth leads to a sugar high or cavities.
Support:
If we break below the current range it isn't a great look for the current bull trend, but that doesn't mean the bulls are out of options. The S1 bullish S/R flip should act as a temporary support.
If the bulls can then bust through the current consolidation range they are in good standing, however the more likely bearish breakdown path leads to S2, which really does away with the bullish structure.
Resistance:
If the bulls can push us above the R1 and the current range then we likely continue on the sugar high. On that path the R2 S/R flip is our first real point of resistance, a reaction here likely has us testing R1 as support. If that all goes well we likely get a bullish continuation to at least the R3 order block.
Above R3 are the R4 orderblock and S/R flip cluster and finally R5 orderblock at the top.
Summary:
It currently looks like we are headed for a correction, but the bulls still have a real chance to sustain the trend here. The big danger for sugar bulls is letting a breakdown from the current range turn into a trip down to S2.
Resources: www.spglobal.com
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SELL SUGAR - SUGARUSD : SHORT Clear drop in the price and te break of the trendline - the price if below VWAP and we got volume on the short side
SUGARUSDJun 5
Good evening Friends, here my 4H-Chart idea to SUGARUSD. (In the chart you will find all information)
-> IMPORTANT: Just my opinion no financial advice.<-
UPDATE! SUGAR nice opportunity! 🦐UPDATE! SUGAR another nice opportunity, the price retested the neckline of inverse head and shoulder and just broke a descending channel.
According to Plancton's strategy We can set a nice long.
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Sugar Big move comingBullish on Sugar. Price is forming flag and bullish patterns everywhere.
Inversed H&S followed by a continuation pattern.
This is ripe for buys after break out or look for entry after more pull back.
Hindsight Trade during the pandemic.After the fact idea based on mitigation candle highlighted in yellow.
