Short

USDSGD: Massive topping pattern

Updated

I just noticed has a massive topping formation, and an active downtrend signal with a reasonably tight stop loss here. You can enter at market with stops above 1.4315 and aim for a decline as depicted on chart here.

Good luck,

Ivan Labrie.

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This one's going well.

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Move stop to entry price and hold.

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Better let you stop you out at entry, in case it still falls.

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It's mixed here, but potential is there. Let it run.

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Either book profits here, or at least cover half or 75% of the position, and hold the rest with break even stop.

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Reenter at market open, we were stopped at entry but has a new short signal here if it expands range down:
s3.amazonaws.com/tradingview/snapshots/k/KQbHKClQ.png
It built a new mode lower, chart is still very toppy.

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Stopped but you may reshort now with a stop at the recent high.

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Going well now.

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Awesome.

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A technical trader's nightmare...holding this decline, it did move as forecasted, but short term movement was incredibly deceitful.

IvanLabrie

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