Get started

Sugar

SUGAR - Sell Setup Forming!Hello everyone, if you like the idea, do not forget to support with a like and follow. SUGAR is approaching strong resistance in blue from Weekly (0.17-0.18) so we will be looking for sell setups on lower timeframes. on H1: SUGAR formed a channel in red but it is not ready to go yet. We want the sellers to prove that they are taking over by breaking below the last low. Trigger => Waiting for that swing to form and then sell after a momentum candle close below it (gray zone) Until the sell is activated, SUGAR would be overall bullish and can still trade higher till around 0.18 And of course, as SUGAR approaches our lower brown trendline, we will be looking for trend-following buy setups. Good luck! ~Rich
OANDA:SUGARUSDShort
by TheSignalyst
69
Sugar rush 🦐After our last profit on this interesting market sugar reached the resistance zone at 0.15850 level. The price is still moving inside a daily ascending channel and testing now the resistance. IF the price will break above we can check, according to Plancton's strategy, for a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together
OANDA:SUGARUSDLong
by InkyGrip
2
SUGAR on the 0.382 🦐SUGAR on the 4h chart after reaching the 0.15 level starts a retracement move. The price touches e exactly the 0.382 fib level and created a falling wedge. IF the market will close and break above the 0.14300 area and consequently breaks the descending trendline we can set a nice long order according to Plancton' strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
OANDA:SUGARUSDLong
by InkyGrip
4
SUGAR on the 0.382 🦐SUGAR on the 4h chart after reaching the 0.15 level starts a retracement move. The price touches almost the 0.382 fib levelk. IF the market will close and break below we can set a nice short order according to Plancton' strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
OANDA:SUGARUSDShort
by InkyGrip
1
NY #11 Front Month Contract continues its uptrendThe recent pullback from 15.50 resistance did shake out some players but the fundamental story remains the same (Lower production on the softs though a risk of Indian Exports continues to hound the market. Actually, buying near the lower end of the channel for the past couple of days with a wide stop and proper sizing would enable a trader to catch and on to it as it attempts to try to breach the 15c level. The next resistance level seen in the chart is around 15.50 and the next would be 16c.
ICEUS:SB1!Long
by BensonLouieGo168