colonelkink

AUDSGD swing look for short continuation day traders wait n see

Short
FX_IDC:AUDSGD   AUSTRALIAN DOLLAR / SINGAPORE DOLLAR
Analysis for swing traders

Price action test > re-test of shadow zone confirms that it is resistance. Price action at resistance meets Bollinger Band overbought so there is confluence. Now for trigger which could look like
  • /\/\ in line chart
  • clear wash and rinse of shadow+bollinger upper band
  • break below shadow zone
  • break black dotted trend line

Analysis for day traders

Wait n see.

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