USDSGD time for consolidation
USDSGD had rebounded at previous trendline and at the 0.382 of previous up-move. There also seems to be a clear 5 waves down that has completed, so I am expecting more consolidation for the time being.
This update comes a bit late, as taking profit once the above happened would have been ideal. Traders who are still in the position can shift their stop losses closer to trail.
This update comes a bit late, as taking profit once the above happened would have been ideal. Traders who are still in the position can shift their stop losses closer to trail.