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FullTimeTrader
Oct 2, 2015 3:47 PM

EURSGD-correction not complete Short

EURO / SINGAPORE DOLLARICE

Description

I think the correction for wave 4 circled blue is still not complete.
Right now price is making a 0.61 fib retracement for wave B red
Last ideal target would be the trendline support and previous wave 4 of lower degree.
Bearish divergence on MACD shows price is exhausting.
Happy weekend.

Comment

First and Second target hit. I like this exotic pair.

Trade closed: target reached

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