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hsquared
Mar 14, 2019 7:10 AM

USDSGD time for consolidation 

USD/SGDOANDA

Description

USDSGD had rebounded at previous trendline and at the 0.382 of previous up-move. There also seems to be a clear 5 waves down that has completed, so I am expecting more consolidation for the time being.

This update comes a bit late, as taking profit once the above happened would have been ideal. Traders who are still in the position can shift their stop losses closer to trail.
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