There's a possible Buy set-up in July Sugar seen on a 60M chart. First, on a weekly chart you have the 78.60 retracement level ~ 14.70. This can be a very powerful retracement zone. To further support this area you have solid fib support seen on a 60M chart all the way down to a 5M chart.
Buy Zone 1 ~ 14.60-14.80
Buy Zone 2 ~ 14.40-14.55
Buy Zone 3 ~ 14.00-14.20
One of these areas may produce a major bottom in Sugar. Buy Zone 1 contains the 78.60% weekly retracement level so let's watch this zone closely.
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