NZD/SGDShort
NZDSGD Short Daily/4-hour
Not sure about this trade. It looks like its setup nicely for another move down as price has retraced into resistance and is now printing indecision candles at this important level. Plenty of room for a 200pip move down.
However, I am not keen on the large rejection candle on the daily and how the previous weekly candle closed.
If I take this, I'd wait for price to break and close below the 4-hour trend-line.
However, I am not keen on the large rejection candle on the daily and how the previous weekly candle closed.
If I take this, I'd wait for price to break and close below the 4-hour trend-line.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.