KarYong

AUDSGD - Good time for accumulation?

Long
OANDA:AUDSGD   AUD/SGD
We have a few confluences on the AUDSGD pair at the moment -

  • RSI is showing a divergence;
    Price is losing momentum to the downside;
    We have a completed Bat pattern; and
    Price has completed a ABC structure.

*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.

The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.

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