Ashwini02

SGDUSD - Completion of Crab pattern at 1.618

Short
FX_IDC:SGDUSD   SINGAPORE DOLLAR / U.S. DOLLAR
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%.
Trade closed: target reached: Minimum retracement of 38.2% is achieved.


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