So for USDSGD, an harmonic pattern has formed, with the top of 1.36720 being retested and forming a lower high of 1.36591.
I have added another indicator on this chart and currently said indicator aligns with my outlook of shorting USDSGD.
If we were to short this position we would be looking at:
1:2.64 ratio at the 0.382 profit level @1.34746 &
1:3.78 ratio at the 0.5 profit level @ 1.34142
Thus at market open I would be looking into shorting USDSGD
I have added another indicator on this chart and currently said indicator aligns with my outlook of shorting USDSGD.
If we were to short this position we would be looking at:
1:2.64 ratio at the 0.382 profit level @1.34746 &
1:3.78 ratio at the 0.5 profit level @ 1.34142
Thus at market open I would be looking into shorting USDSGD