Possible bearish shark patternSGDJPY broke major support line in daily time frame, so support becomes resistance, I think this pair is now on pullback mode, after major support breakout, and projection of D point is just in resistance zone.
Exoticcurrency
Exotic Trade Idea / Long-ShortWell I put the description on the chart, trade it at your own risk, and use this as a way to more or less formulate your trade idea that would fit your own guidelines for a trade. =D Since this is an exotic pair it isn't necessarily for new traders, since many factors make "exotic currency" trades different, when it comes to averaging position sizing to adjust to very large pip movements, or risk reward, conversion rate, etc. So for me personally I have to stay especially disciplined when trading this and wait for price confirmation of a long, or short entry.
