GBP|SGD - Short Opporunity

FOREXCOM:GBPSGD   British Pound / Singapore Dollar
There is an opportunity to short the GBP|SGD on the touch of the pendant channel resistance..

- Short entries may be initiated now or on touch.
- Stop Losses should be above the last swing high of 1.76094 (Red Horizontal)
- Target Point A (Safe): 1.75318 (Green Horizontal)

All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (blue.)