AUDSGD shows strong rejection at the weekly supply zone.
On the 4H chart, price broke below the bullish trendline and is now trading under the 50EMA – a clear shift in structure! 📉
If we see a retest to the trendline or EMA50, this could offer a high-probability sell setup.
Wait for confirmation before entering. Risk management is key! 🛡️
#AUDSGD #ForexTradeIdea #EMA50 #TrendlineBreak #BearishSetup #SwingTrading #SmartMoney #PriceActionTrading
On the 4H chart, price broke below the bullish trendline and is now trading under the 50EMA – a clear shift in structure! 📉
If we see a retest to the trendline or EMA50, this could offer a high-probability sell setup.
Wait for confirmation before entering. Risk management is key! 🛡️
#AUDSGD #ForexTradeIdea #EMA50 #TrendlineBreak #BearishSetup #SwingTrading #SmartMoney #PriceActionTrading
Note
No entry. Waiting for new setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.