Sugar
Sugar has been trading within a large rising channel for almost a year. After recently testing and confirming channel support, price has rebounded and we're just about halfway up the channel. A falling window (gap down) served as resistance on the way down to support and has also temporary stalled the current rally.
Now, after a strong daily close above the falling window we are currently testing old resistance as new support. I'm now long and looking to take a small piece out of this market as price moves towards channel resistance.
Now, after a strong daily close above the falling window we are currently testing old resistance as new support. I'm now long and looking to take a small piece out of this market as price moves towards channel resistance.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.