luke1827
Long

(LOSS) LONG USDSGD | RETEST HIGHS | PART 2

FX_IDC:USDSGD   U.S. DOLLAR / SINGAPORE DOLLAR
33 2 1
Fellow Traders,

As mentioned in my previous post, linked below, a break above 1.33425 would signal continued strength.

Entry: 1.33425
SL: 1.32585
TP: 1.3745

***Update***
TP changed to 1.3433 as it is the completion of a 1.618 fib extension and also the 20 SMA price level on the daily charts

I suggest risking no more than 1% per trade by adjusting your position size accordingly.

Luke

Check out my performance record of all published trades on TradingView: http://tinyurl.com/klkd2vr
Changing full TP target to 1.3433 as it is the 1.618 fib extension and the 20 SMA line on the Daily Chart
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Entry on smaller timeframe

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