BUY SUGAR

20 de mai. de 2018

Pros

• Double bottom
  
• First high low
  
• Test of the last
  
• Weakness of the dollar this week.
  
• Above the uptrend on the weekly timeframe.
  
• Bullish on longterm.
  
• Correction of 38.2/50 of the last bearish wave.
  

Cons

• The objective of the formation is too aggresive.
  
• The commoditie index is at a resistance level + divergences.
  
• Countertrend on daily timeframe.
  

Strategy

• Buy when the price break the resistance level at 0.116.
  
• I prefer to manage the stop dinamically, moving it to the last low, instead of wait for the whole TP. The position is too aggresive.
  

26 de mai. de 2018

Trade fechado: objetivo atingido

You can move the stop to 0.1204 to reach 0.1264, but i prefer to close all, it's risky.