TradingView
ForecastCity
Mar 15, 2022 10:32 AM

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

SGD/JPYOANDA

Description

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (86.44).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. SGDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 46.

Take Profits:
TP1= @ 86.18
TP2= @ 85.95
TP3= @ 85.59
TP4= @ 85.20
TP5= @ 84.77

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
Lizabet
Professional work. Keep it up
ForecastCity
@Lizabet, Thank you for your comment. We appreciate it.
AR_kooshani
Nice overview of the trade, thanks for sharing
ForecastCity
You're very welcome!
@AR_kooshani,
Thank you for your comment. We appreciate it.
Usa786
Nice work
More