SGDUSD - Completion of Crab pattern at 1.618
SGDUSD pair has completed the Crab pattern at 1.618 extension.
On 4h timeframe, pair shows bearish divergence on RSi and Macd.
It could retrace to three targets of 38.2%, 50% & 61.8%
But for now, looking for minimum retracement 38.2%.
On 4h timeframe, pair shows bearish divergence on RSi and Macd.
It could retrace to three targets of 38.2%, 50% & 61.8%
But for now, looking for minimum retracement 38.2%.
Trade closed: target reached:
Minimum retracement of 38.2% is achieved.
