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KelvinShamKaiMan
Dec 16, 2019 4:03 PM

(EP #07) Kelvin Trade Ideas - USDSGD Bat Pattern 2019-12-17 Long

USD/SGDOANDA

Description

A bullish bat pattern retests the potential reversal zone (PRZ)(1.35618) in daily chart. In the longer time frame charts, the market shows us it is in a uptrend, so this buying opportunity is a follow trend trade. As long as market doesn't break the X point of the bat pattern, I will define this buying opportunity as still vaild. I will wait for double bottom as a confirmation signal for me to enter the buy order.

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