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U.S. Dollar / Singapore Dollar
Short

USDSGD 2hr 4mo wedge breakout

By asiansupermarket
Updated
Break down through the bottom of the wedge. This is a higher time frame than my usual trades; not 100% conviction on the shape of the wedge. Moving averages are clumped and range has recently tightened.
Trade active
1.3873 Short fill
Comment
Price is very close to TP (bottom of the wedge structure) so I moved my SL down to 1.37675
Trade closed: stop reached
1.37687 Closed out

While we were a few pips from the TP, and then my adjusted SL got hit, I am not complaining at all because this trade went our way from the beginning.
USDSGDusdsgdbreakoutusdsgdshort

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