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effilang
Apr 7, 2020 12:13 PM

GBP|SGD - Short Opporunity Short

British Pound / Singapore DollarFOREX.com

Description

There is an opportunity to short the GBP|SGD on the touch of the pendant channel resistance..

- Short entries may be initiated now or on touch.
- Stop Losses should be above the last swing high of 1.76094 (Red Horizontal)
- Target Point A (Safe): 1.75318 (Green Horizontal)

All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (blue.)
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