Could Sugar start an Uptrend? I think soCommodities are known for their easy to follow trends and Sugar here might be starting a long trend.
SB trade ideas
SugarUSDCan we really do a breakout to the upper side and continue the uptrend 🤔.as for me i would say i can sence some weakness and bears have the upper trend as price has shown some weakness.
Sugar heading to supportSugar seems to be heading down to a lower medium line for support. Could be an expanding triangle or WXY correction near completion. Just an idea DYOR.
SUGAR Sell SetupHi guys !
SUGAR is setting up to break lower. Watch for a lower time frame sell setups and join the wave to the downside.
Thank you for your support.
SUGARUSD Target Price 0.20294SUGARUSD Ascending Triangle; Symmetrical Triangle; Exponential Moving Averages; Trend Lines
SUGARUSD Hit Take Profit (2021/11/11 Trade Idea)I still have one open position and trailing my stop loss.
SUGARUSD (Watch Price Level 0.19318)If a candlestick closes below 0.19318, then I will exit my long positions. A double top pattern formed on the chart which indicates a reversal.
SUGARUSD (Sugar) Target Price 0.19966SUGARUSD Entry at 0.19082. In the chart shown below, I used the symmetrical chart pattern to enter early. I entered before the planned breakout at price level 0.19318.
The chart shown below is the current status.
SUGARUSD 2021/11/04 Trade Idea In ProgressSUGARUSD. As expected, SUGARUSD Market closed above price level 0.19318. First entry was on 11/04/2021. Next entry will be on a Pull Back.
SUGARUSD Target Price 0.20352SUGARUSD. Wait For A Close Above 0.19318. Wait For Price To Close Above 0.19318. After the close, watch for a price action signal.
SUGARUSD - LONGHello Traders
Sugar I'm eyeing a long we have a bull flag waiting for price to retest
and make a double bottom it doesn't I'll wait for correction to complete
patient is key here don't try to catch the falling knife wait for market to come to you
SUGARUSD Descending Parallel ChannelSUGARUSD. Wait for price to close above or below channel support & resistance before entering.
sugarusd sellsim looking for sells on sugar. the break out of structure followed by a continuation flag will signal entires
GBP/NZD and SUGAR/USD on watch for me today.GBP/NZD:
• If price pushes up to and ideally just above our lower rayline and it does so correctively, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
SUGAR/USD:
• If price corrects and a tight one hour flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
SUGARLONT TERM VIEW OM SUGAR, Expecting price to go higher in next few years, Targeting ALL TIME HIGH
SUGAR Sell SetupHi Guys, SUGAR looks like a nice sell setup. Wait and watch for strong breakdown and sell it.
trading ideait's forming pretty big bearish pattern (correction). It may go to bottom of the ascending channel if it forms bearish pattern and break it. Looks pretty good potential break-out entry here.
Sugar 1-day classic patternsQ: What has the highest probability of occurring?
There are bearish pattern failures followed by bullish pattern validations into an uptrend.
There are 2 classic patterns 1 is validated the other has not validated.
The cup & handle is in breakout and is approaching its target.
The pattern projects $0.2175 per pound as the target.
The bull flag is not validated.
This pattern projects $0.2200 per pound as the target.
Objectively $0.20 per pound is a psychological resistance level. The price for a pound of sugar has increased and the breakout from bullish patterns coinciding with the failure of bearish patterns reflect this. Volatility is declining and the rate of change has dropped below 0. Declining fear and a break in the trend's momentum.
Since the cup and handle has validated the bias is for long positions. Confirmation of the bull flag provides a starting point for trend continuation.
SUGARUSD Bearish SentimentIt looks bearish for the sugar nearing 0.19332 on a bearish retracement.
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Khiwe
On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; -it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.
