TradingView
ForecastCity_World
Feb 3, 2022 12:26 PM

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

CHF/SGDCapital.com

Description

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.4637).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. CHFSGD 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 33.

Take Profits:
TP1= @ 1.4596
TP2= @ 1.4558
TP3= @ 1.4528
TP4= @ 1.4496
TP5= @ 1.4464

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
Sophi2018
Thank you for this nice idea.
ForecastCity_World
@Sophi2018, You're very welcome! We hope you enjoy it.
DenizKilicDeniz
Brilliant idea. Thanks.
ForecastCity_World
@DenizKilicDeniz, You're welcome! Thank you as well for your comment.
More