You can see Eliott waves on sugar chart, also C wave started
Let me tell you next:
I have read from several sources that sugar production in the world has declined so this can raise prices.
Price has already hit a strong resistance. it will probably be broken.
After price confirm you can enter long position I enter earlier!
For TP we have 2 target. the first one is the 50% Fibonacci level and the second one is 61%.
about the chart, if you have questions ask me in the comment I will answer you.
Have a nice weekend
Let me tell you next:
I have read from several sources that sugar production in the world has declined so this can raise prices.
Price has already hit a strong resistance. it will probably be broken.
After price confirm you can enter long position I enter earlier!
For TP we have 2 target. the first one is the 50% Fibonacci level and the second one is 61%.
about the chart, if you have questions ask me in the comment I will answer you.
Have a nice weekend
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.