Swing: Bearish view on Genting Singapore Ltd (G13.SI) (04/03/19)
Genting Singapore Limited (G13.SI) seems to be unable to break the resistance level at $1.07. Overall trend is leaning towards the bears with a potential trend line resistance at $1.12. Both the EMA 50 and 200 is also acting as resistance which slows a few key confluence levels. A break above $1.19 will invalidate our trade idea.
We are looking for a short set-up as follows:
EP: $1.07
SL: $1.19
TP: $0.94
Best Regards,
Nour Capital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
We are looking for a short set-up as follows:
EP: $1.07
SL: $1.19
TP: $0.94
Best Regards,
Nour Capital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Trade active:
Trade has been triggered.
Trade active:
Shift SL to 1.02.
Trade closed: target reached:
TP Hit.