USDSGD is stuck in a up channel for sometime now I've took a short at the 61.8% Level, Confluence with 50 Moving Average
Entry hasn't triggered yet. I'm shorting on 61.8% because of confluence of both 61.8% and Moving Average (50) acting as resistance. I'm going in as a 'Small Trade' Good Luck To Me. RR 2.07
Just a Retracement. Adding More Short
Oil is oversupplied News came out more than expected in inventories Double Top (Unconfirmed) Bearish Divergence (Unconfirmed) RR is fantastico. Let's do it
I'm going to Predict/Forecast this will happen, Price is going make a double top, It will be a bearish divergence Double Top And drop towards Support or at least near it. Let's see how it plays
Reason : 1 : at Trendline 2. 61.8% 3. I'm Bullish USD I'm being careful of my exposure to USD pairs as i have a GBPUSD already running. Trade safe.
Fantastic RR I would go half my usual position on this I'm hoping for a double bottom. Bullish divergence is in play as well
We got a broken RSI. Retail sale release in 18 mins.