SUGAR Wait for structure to complete and buy
Updated
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
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
Note
higher time frame:Note
Look for this correction to complete on the lower time frame.
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