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TradingShot
Jun 30, 2020 6:31 PM

SGDHKD Buy Signal Long

SINGAPORE DOLLAR / HONG KONG DOLLARICE

Description

Pattern: Triangle on 1W.

Signal: Bullish as the price is pulling back after near contact with the 1W MA50, which has been a bullish continuation pattern n 2016 and 2017.

Target: 5.700 (the bottom of the High Volatility Zone and inner Lower High trend-line).


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Recent SGDHKD signal:

Comments
Phi-Deltalytics
Agreed. Nice catch on the daily RSI.
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