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ALPHA_PROJECTION

USDSGD selling opportunity

Short
U.S. Dollar / Singapore Dollar (OANDA:USDSGD)  
ALPHA_PROJECTION  
OANDA:USDSGD   U.S. Dollar / Singapore Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis swingtrading stucture structureanalysis Bearish Patterns
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trendanalysis chartpattern beyondta swingtrading stucture structureanalysis bearish
USDSGD SELL SETUP
- USDSGD breached below a bullish counter-trendline
- Structure is pushing down
- We have a break in market structure
- Price is approaching Low of the day (we can expect a pullback to our area of interest marked in as rectangle on the chart)
- Trend predilection is (BEARISH)
- Momentum (Bearish)
- Environment (Bearish)
- Plan is to wait for a Short opportunity on USDSGD
- Take the trade when your rules are fulfilled
A BEARISH MOVE is probable in this market.
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