TradingView
TrendlineGod
Dec 9, 2019 2:48 PM

What Im seeing on AUDSGD! Long

Australian Dollar / Singapore DollarFOREX.com

Description

Gooday Traders! From the daily Time Frame, price has been in a 12 month old descending channel. Last week price broke out upward from a descending triangle. Currently, price is making a correction of that bullish impulse wave with a flag pattern, inner descending channel or what ever your nomenclature might be.
On H4 im looking forward to pulling my trigger for a long "if" price does respects the pattern being played out.
Till then all im doing is waiting as this is what im seeing.
Remember that proper risk management is vital.
Do well to follow, like and comment.
More