AUD/SGD
Short
Updated

Swing: Rejection of higher price on AUD/SGD

76
We have witness a rejection of higher price as the Friday candle closed. With the 50D EMA acting as resistance, we are looking to short this pair when price retrace slightly further up. It is also another textbook classic of support turned resistance zone.

EP: 0.9752
SL: 0.9870
TP: 0.9590


Good luck in your trading journey!

Best Regards,
Nour Capital - Tracking Smart Money Flow

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The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.


Trade active
EP has been triggered. Good Luck!
Trade active
This trade has been going on for sometime, it's best to set SL to BE.
Trade closed: stop reached
Trade has been stopped out at breakeven.

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