TMV Swing Trading report – Long from 26.33 – Hit the Target! – The long sugar contract was closed at the target price of 27.15 for an 82 point gain. The swing trade signal was triggered after the market had made a three-wave corrective pullback to form a continuation pattern. The price action formed a bullish swing trade setup and provided a trigger price for entry. Once the trade was entered, I used the ascending median line as the initial target objective . The daily chart indicates Sugar still has room to advance, so I will look for a new signal pattern on any pullback. For more information on new swing trading signals go to www.tradersnetwork.com

 

October Sugar - click to enlarge

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