USDSGD is the correction over?
Hi everyone:
USDSGD is also on my weekly watch list.
We see these type of structures repeat itself over and over again.
Price broke out of previous larger structure, and strong sell impulse down. |
Price begin to form a continuation correction, making the next sell a higher probability setup.
Now we need to wait and see if this correction is over now and we can see a breakout and continuation down to the lows, \
or price can tag the top once more, and in that case look for sell from the top.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
USDSGD is also on my weekly watch list.
We see these type of structures repeat itself over and over again.
Price broke out of previous larger structure, and strong sell impulse down. |
Price begin to form a continuation correction, making the next sell a higher probability setup.
Now we need to wait and see if this correction is over now and we can see a breakout and continuation down to the lows, \
or price can tag the top once more, and in that case look for sell from the top.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
Note
Note
Correction forming
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Publications connexes
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.