ForecastCity
Long

Don't miss the great buy opportunity in SGDJPY

OANDA:SGDJPY   SGD/JPY
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (75.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. SGDJPY is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40 .

Take Profits:
TP1= @ 75.65
TP2= @ 76.10
TP3= @ 77.18

SL= Break below S2
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Comments

Hi there, thanks for your great graphs and analysis.

As a newb... how do the 3 different TP zones work? This may be a lengthy answer so please just say to go and learn about it if so!

Many thanks.
+9 Reply
@HandyDan, You can learn how to do it here: http://www.forecastcity.com/en/node/120

Please note, the link above is for "set and Forget" strategy. and not for Big profit road maps.
Reply
@HandyDan, Also, you might find the link below helpful:
https://www.forecastcity.com/en/node/407
Reply
Can you trade SGD on metatrader? If so, how?
+2 Reply
@Dsndj18, Yes, you can. Please ask your broker and if they don't provide this chart find a new broker who does.
+1 Reply
Thank You for sharing!
+2 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Please don't mention it.
+1 Reply
Excellent! as always!
+2 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, We're glad you're following us. 👍
+1 Reply
Thank you for your insight
+2 Reply
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