Sugar - on the move up

Sugar has seen multiyear low at .09 USD in April 2020. Since then price has rallied and then paused for much of June and July. Price has now broken out of congestion and may now reestablish the next impulse up.


With all short term daily mav's aligned, the bias is long.

Enter - on next bar ( around .1260)

Target - between .1430 and .1570

Stop - below the recent price congestion .1110

RR = 2