OmarNAMOUCHI

Raw_Sugar#11 Technical analysis

Long
OmarNAMOUCHI Updated   
FOREXCOM:SUGAR   Sugar No. 11 CFD
Hi Traders,

We might have long opportunity for the medium terme, It will be the (C) wave of the corrective structure (5-3-5) witch the Suger is going through since 09/2015,
I will be monitoring the (d) & (e) waves of the 5 wave structure (3-3-3-3-3) on the bottom, it could reverse the trend on medium terme for new bounce backup to the top of wave (A).

We must watch big players behavior during the end of this month, i will be looking for agressive Bullish candle stick @ the end of wave (d).

Never risk more than 1 to 3% for your total account,

Best Regards,

Omar
Comment:
ABC corrective pattern of (3-3-5) and not (5-3-5), my bad.

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