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
I try to trade the correction with tight stop loss above 0.126 - take profit at 0.1188
Trade closed: stop reached
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The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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.