Retrospective US sugar shortage possibility bullish for sugar price | #C-SUGAR 2019-11-15 | IFCM UK
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Retrospective of Technical Analysis #C-SUGAR From 2019-11-15

US sugar shortage possibility bullish for sugar price

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Buy stop12.91
Take profit14.6
Return on Investment +13,1%
Overview date 2019-11-15
Date of the closing positionfrom 2020-01-23 to 2020-01-29

The chart shows the real change of quotations after the publication of technical analysis on 2019-11-15. The pending order from this analysis was executed and the position was opened. Next, we shall move the stop to the next fractal low following the Bollinger Bands and Parabolic SAR signals at the 4-hour charts. Thus, we are changing the potential profit/loss to the breakeven point. The position shall be closed when the price meets the Bollinger bands, the Parabolic SAR, the trend line and the fractal indicator.

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