SUGARUSD trade ideas
Sugar - short trade - heavy overbought on 1H Sugar is after yesterdays small rally heavy overbought on 1H chart and nearly heavy overbought on 2H and 4H which is an signal for an following correction.
I try to trade the correction with tight stop loss above 0.126 - take profit at 0.1188
POSSIBLE SHORT SETUP?Sugar looks to be forming a short setup due to double-top and indecision around ichimoku cloud. Short setup is not yet confirmed as market has not given a clear direction as of yet but this is one to keep a close eye on for drop to targets identified by yellow lines in chart.
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DISCLAIMER;
Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
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SUGAR BUY (SUGAR - US DOLLAR)Hi there. Price is forming a nice continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
OIL 2018 CHART-ARTWell if i was a hedge-fund king heavily invested in oil, i would have hung myself in 2018. Well this chart art is dedicated to all hedge fund managers
Sugar within falling wedge - possible cup and handle incoming sugar price is searching for a bottom or accumulation area. I expect first good support at 0.11 $.
Targets and open positions are drawn in the chart
SUGSRUSD Sugar/USD - AS PREDICTEDNo. I never get tired of being right.
That stuffy and redigeminted way of trading that I constantly see in charts and so-called indicators are the PAST!
Markets are in need of an upgrade. A modernization! The Djinn are here to flip trading UPSIDE DOWN! In all markets. In the same way that NWA revolutionized modern music.
Any trading platform too narrow minded to see the future will fade out of existence. The same way that K-mart, JC Penny, Kodak, Sears, Blockbuster, Dell and multiple other past successes died because they could not see the future.
The Djinn are here to stay. Trading platforms come and go. Where is Scottrade? I REST MY CASE.
SugarUSD Double Bottom?Last time sugar double bottomed was a very predictable senario analysis based on S+R and last bull rally
Sugar#11 watch for double bottom pattern
Hello Traders.
We already had an impulse on Sugar#11 couple of weeks ago,
I'm expecting that that the price actions will continue to push higher.
Trade with care,
Not an investment advice.
Best Regard
Sugar - again an good long entry - brakeout tradeThe sugar price is following the new bullish trend line. I have drawn the new trend line which should be followed by an 1-2-3-4-5 Elliot wave (you can see the full Elliot wave in my first sugar analysis from November 26) if the new trend line does not brake within the next weeks.
50D moving average is delivering still strong bullish signals.
RSI & MACD are both still bullish and have a lot of space to grow.
HEAD AND SHOULDER ON THE WAY UPSugar is trying to shift the trend and i see an opportunity here with small risk.Im long here an try to follow the move with 20 and 50 SMA
SUGAR BULLISHPrice have broken above downward trendline. Double bottom formed on WEEKLY timeframe with break above. Double bot formed on daily aswell with RSI signs for bulls having control. Will see how it goes. Good Luck
Sell SugarThis is just a journal for me. I strongly warn you to not take this in your real account. Good luck!
Sugar 11 buy oportunity for the long term.Hello Traders,
The tarif war between USA and China and the FED interest rate hikes made the price of commodities very cheap during 2018 and i'm expecting a reversal of thisfor 2019.
We are at the end of the year and all the fundamentales are pushing for end of the trade war and the Fed is going to be neutral next month, in fact tomorrow will be the 1st day of the G20 summit where Trump and XI are going to meet and both man are willing to put end to the trade war.
Technically the Sugar11 has made a strong impulse for the bottom announcing new bullish waves will come,
I'll be watching it for buy and hold.
This is not an investement advice, it for educational stuff.
Never expose more that 2% of your capital to the market.
Best Regards
SugarOANDA:SUGARUSD formed downwards channel after breaking through resistance, expecting to continue channel downwards
Please use this information as part of an informed decision from multiple sources to execute a trade
Sugar on 4h long Sugar on 4h long
We have a nice supportline who is allready triggered 4th times.
Just buy it, good luck
Sugar Bull Flag Break Out BUY Sugar has broken out of its Bull Flag and its in an uptrend that could continue.
I have a bull limit in case we see an initial retest and a buy stop which
is where silver finds good support to continue its uptrend.
Buy Limit: .120
Buy Stop: .124
1st Tp: .129
2nd Tp: .135
3rd Tp: .149
STOP LOSS: .11251
SugarUSDMy short term outlook on Sugar
Please use this TA as part of an informed trading decision before you execute any orders
SUGAR/USD Sugar/USD trend based prediction
Please use this information as part of an informed decision from multiple sources to execute a trade
