ForecastCity

💡Don't miss the great sell opportunity in SGDJPY

Short
OANDA:SGDJPY   SGD/JPY
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (80.89).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. SGDJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 20.

Take Profits:
TP1= @ 80.04
TP2= @ 79.81
TP3= @ 79.68
TP4= @ 79.29
TP5= @ 79. 01

SL: Break Above R2

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Comments

I'm so grateful for the ideas you share
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ForecastCity AR_kooshani
@AR_kooshani, Thank you for your comment. We appreciate it.
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Professional work. Keep it up
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ForecastCity Mehmetozdemi
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