CFDs on SugarLong
Sugar - on the move up
Sugar has seen multiyear low at .09 USD in April 2020. Since then price has rallied and then paused for much of June and July. Price has now broken out of congestion and may now reestablish the next impulse up.
With all short term daily mav's aligned, the bias is long.
Enter - on next bar ( around .1260)
Target - between .1430 and .1570
Stop - below the recent price congestion .1110
RR = 2
With all short term daily mav's aligned, the bias is long.
Enter - on next bar ( around .1260)
Target - between .1430 and .1570
Stop - below the recent price congestion .1110
RR = 2
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.