Possible bearish shark pattern Short

SINGAPORE DOLLAR / JAPANESE YENICE

Description

⋅ Jan 12, 2016 10:19 AM

SGDJPY broke major support line in daily time frame, so support becomes resistance, I think this pair is now on pullback mode, after major support breakout, and projection of D point is just in resistance zone.

Trade active

⋅ Jan 13, 2016 2:16 AM

Trade closed: target reached

⋅ Jan 14, 2016 1:02 AM

+83 pips