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amanpaulbhogal

USD/SGD bearish divergence

Short
U.S. Dollar / Singapore Dollar (FX_IDC:USDSGD)  
amanpaulbhogal  
FX_IDC:USDSGD   U.S. Dollar / Singapore Dollar
reversal_trading high-test-bar Support and Resistance stochastic-bearish-divergence rsi-bearish-divergence
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reversal_trading high-test-bar supportandresistance stochastic-bearish-divergence rsi-bearish-divergence
USD/SGD exhibits signs of bearish oscillator divergence as confirmed between price action and the Stochastic and RSI indicators. Price closes the day with a high test bar below a level where resistance is present.

entry - below low of high test bar
stop loss - above high of high test bar
target - previous low
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