TradingBonus

USDSGD DESCENDING TRIANGLE

Short
OANDA:USDSGD   U.S. Dollar / Singapore Dollar
SHORT trade analysis on USDSGD.

Graph is looking bearish from resistance area - retest on Triangle breakout. Price completed Descending Triangle Pattern and already retested, which signalizes bearish continuation. Bearish Engulfing Candle also indicates sell on the chart. Trade idea is also shown on RSI indicator.

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