US Sugar futures ( SB1!) has completed ABC zigzag as the part of Y wave, as mentioned in previous updates. The total sequence is WXY as double zigzag, which is well known in Elliott wave theory and mostly seen in commodities and currencies.
In last updates, we already posted the bull set up for buy a C wave, Now its over.
stay short in B wave up at around 12.73-81 with stops above 12.97 for target range of 12.25 as support zone or lower too.
make sure that B wave is not too sharp before entering the trade set up.
In last updates, we already posted the bull set up for buy a C wave, Now its over.
stay short in B wave up at around 12.73-81 with stops above 12.97 for target range of 12.25 as support zone or lower too.
make sure that B wave is not too sharp before entering the trade set up.