SUGAR Cash CFD Commodities Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Thieves, 🤑 💰🐱👤
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the SUGAR Cash CFD Commodities Market market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Wait for the breakout (19.60) then make your move - Bullish profits await!"
however I advise placing Buy Stop Orders above the breakout MA or Place Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑:
Thief SL placed at the recent / nearest low level Using the 4H timeframe (18.80) swing trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯:
1st Target - 20.70 (or) Escape Before the Target
Final Target - 22.00 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
SUGAR Cash CFD Commodities Market is currently experiencing a bullish trend,., driven by several key factors.
🌴 Fundamental Analysis
1. Supply and Demand: Global sugar production is expected to decrease due to adverse weather conditions in major producing countries.
2. Global Economic Trends: A potential global economic slowdown could decrease demand for sugar.
3. Weather and Climate: Adverse weather conditions, such as droughts and floods, can impact sugar production and prices.
🌴 Macroeconomic Trends
1. Inflation Rate: Rising inflation can lead to higher interest rates, affecting currency values and commodity prices.
2. GDP Growth Rate: A growing economy can increase demand for commodities, leading to higher prices.
3. Weather and Climate: Adverse weather conditions can impact sugar production, leading to price fluctuations.
🌴 Technical Analysis
1. Trend: The current trend is bullish, with sugar prices increasing by 10% in the last quarter.
2. Moving Averages: The 50-day moving average is above the 200-day moving average, indicating a bullish trend.
🌴 Market Sentiment
1. Investor Sentiment: Institutional investors are 40% bullish, 30% bearish, and 30% neutral on sugar.
2. Retail Sentiment: Retail investors are 50% bullish, 20% bearish, and 30% neutral on sugar.
3. Market Mood: The overall market mood is cautious, with investors waiting for further economic data before making investment decisions.
🌴 COT Report
1. Non-Commercial Traders: 35% long, 65% short
2. Commercial Traders: 40% long, 60% short
3. Non-Reportable Traders: 30% long, 70% short
🌴 Positioning
1. Institutional Traders: 40% bullish, 30% bearish, 30% neutral
2. Banks: 35% bullish, 35% bearish, 30% neutral
3. Hedge Funds: 42% bullish, 28% bearish, 30% neutral
4. Corporate Traders: 30% bullish, 40% bearish, 30% neutral
5. Retail Traders: 50% bullish, 20% bearish, 30% neutral
🌴 Price Prediction
Short-term Prediction (Next 30 Days)
- High: 20.50
- Low: 18.50
- Average: 19.50
Medium-term Prediction (Next 3 Months)
- High: 22.00
- Low: 18.00
- Average: 20.00
Long-term Prediction (Next 6 Months)
- High: 24.00
- Low: 17.00
- Average: 20.50
🌴 Overall Outlook
1. Bullish: Sugar prices are expected to increase due to decreasing global production and potential supply chain disruptions.
2. Volatility: Sugar prices are expected to be volatile, with potential price swings of 5-10% in the short-term.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
SUGAR
SUGAR NO11 Short-term analysis of Sugar no11. Including 2 statistical charts showing the % monthly price changes over the last 5 years and a chart detailing the occurrence of consecutive positive and negative days "candles" and their frequency over 12 months.
- I expect more selling in July and then a rebound in August.
- Follow me on my socials for more detailed content
Sugar Futures Falling WedgeI think that the indicator I have developed is working really well in sugar futures. From this point of view and due to the fact that sugar futures have a wedge, I think that there is an initial upside potential of 7% and then if the wedge is broken, I think that sugar futures can go up to $23.
Oh Sugar! SB1!ICEUS:SB1! Oh sugar!
Looking expensive in my humble opinion!
Lows: 24.25 Highs: 27.30
We had the bullish flag formation, ever since then we been riding higher but it's at key Fib area and resistance zone! I expect sugar to pull back a little to next lows. However, we could still reach 30 area!
Have a great day ahead,
Trade Journal!
SUGAR BULISH SCENARIOPrice boost and upward momentum on Raw Sugar, after India declared that a downward revision on its sugar cane crush. Being the second largest manufacturer of sugar in the world, this news had a positive effect on the price of the raw material.
Both MACD and RSI are confirming the current trend. If it continues, the price might reach levels of 25.539
As a pivot point levels of 22.43 can be used, and if the price breaks below it, can test levels of 21.58
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Jan 11,22-Sugar-Nice Selling SetupI'm a little late for this trade, but I feel it's not too too late.
THis is the classic setup - you can see the recent high was 21 and the recent low is 19. Then price action bounced back up to hit 20 - the midway mark - If I had looked at this chart yesterday, I would have put a Sell Order in at 20 and I'd be in good shape already.
Anyway, I put in a Sell ORder for 19.5. Obviously if price action continues to rise this week and it hits 20 again, I will move my Sell Order up to take advatage and sell at 20.
Price should drop down to 18 or so by end of Jan.
Heiko
Forecast SUGAR#FOOD #SUGAR
Cheap sugar is only in our dreams.
At the moment, the accumulation phase is nearing its end. The technical figure "flag" begins to be traced, the exit of the market from which, according to the canon, should take place upwards.
The first target will be the resistance level ~24.
Its breakdown will send futures with a high degree of probability to cross the global level at 39, which is approximately x2 from current prices.
This is possible if the world system plunges into hyperinflation, the signal for which is already given by the actions of central banks (yesterday's post on the Bank of England).
Under such a scenario, it would be wise to buy food and essentials at current prices.
Playing with sugarLet's start with observing 2W chart, here we can see that:
1) price has been grinding across the trendline, which acted as resistance
2) following rejection at the resistance, we had a move down to ~0.174 range which formed a strong support
3) If the week closes at 0.18335 or higher, we have an official breakout from this sub-structure and impulse should take it to the former high, above 0.2.
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2D chart clearly demonstrates how the price has just broken through the resistance line. The next logical target is indeed the range between 0.2 and 0.22.
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Let's zoom out further, monthly chart.
Observing this chart, I would presume that there will be a battle to take out resistance over 0.2, but after that is broken we will likely see a significant run toward old highs, between 0.31 and 0.35.
🍭Sugar fever! Top of the trend ?● Sugar #11 - ICE (SB.F) 🕐 TF: 30D
Fig.1 USX lb (pound)
In Figure 1 , you can see the wave count from January 2021 . A continuation of the upward correction Ⓑ with the target zone 18.04-21.27 was predicted. At the moment, the set goal has been achieved, the corrective wave looks completed. The probability of resuming the decline by the final impulse Ⓒ of e of (IV) is high.
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● SUGARUSD - OANDA 🕐 TF: 1D
Fig.2
An alternative wave count is marked in black, in which the minimum of 2020 , the level of 0.9051 , corresponds to the top of the supercycle (IV) . This counting option will become more relevant if the subsequent series of ascending zigzags, which at this stage is marked as (W)-(X)-(Y) of Ⓑ , takes the form of a diagonal .
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● SUGARUSD - OANDA 🕐 TF: 4h
Fig.3
Provided that waves (1)-(2) are formed as part of the emerging bearish trend, the first of which goes beyond the top (X) and consolidates under the lower border of the rising channel, there will be a good prospect for a short position.
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Sugar likely going higher from hereSugar hasn't moved much in the commodity space but it looks like that's about to change
The quarterly chart is especially interesting as it's been bull flagging above a key historical level - the 18 cent mark, which also corresponds with the 50 week moving average support - so there's your risk perfectly defined. You could also argue it's flagging outside of a massive multi-decade symmetrical triangle (not as relevant imo but interesting).