💡Don't miss the great sell opportunity in AUDSGD Short

AUD/SGDOANDA

Description

⋅ May 12, 2021 8:47 PM

Trading suggestion:
. There is still a possibility of temporary retracement to the suggested resistance line (1.0399).
if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. AUDSGD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 34

Take Profits:
TP1= @ 1.0285
TP2= @ 1.0261
TP3= @ 1.0215
TP4= @ 1.0180
TP5= @ 1.0137

SL: Break Above R2

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?

Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️

Comments

sofi_Morphy

⋅ May 12, 2021 9:53 PM

I agree with you

ForecastCity_World

⋅ May 13, 2021 4:32 PM

@sofi_Morphy, Thanks for your comment

Mesutkashmar

⋅ May 13, 2021 3:53 PM

Thanks for these posts.

ForecastCity_World

⋅ May 13, 2021 4:31 PM

@Mesutkashmar, You're very welcome! We hope you enjoy it.

financialflagship

⋅ May 13, 2021 12:19 PM

Great analysis, thanks for sharing 😊

ForecastCity_World

⋅ May 13, 2021 4:31 PM

@financialflagship, You're very welcome! We hope you enjoy it.

MMBTtrader

⋅ May 13, 2021 8:42 AM

such great job over here

thanks for sharing

ForecastCity_World

⋅ May 13, 2021 4:31 PM

@MMBTtrader, You're very welcome! We hope you enjoy it.

Lizabet

⋅ May 12, 2021 9:58 PM

Good call. Nice setup

ForecastCity_World

⋅ May 13, 2021 4:31 PM

@Lizabet, Thank you. We appreciate your support