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RaynLim
Nov 1, 2019 7:58 AM

Trade Ideas Position: USDSGD Bat Long

USD/SGDOANDA

Description

Bullish Bat setup for a trading opportunity and this can attribute to the US NFP to give a final push to the entry price, the PRZ and PEZ.

I don't usually trade USDSGD, but the stats on my end shows well when it works on Bat Pattern on the daily chart.

I will be watching closely for this setup and decide if to engage the trade.

Business owners who like to pay off in USD with a weaker USD and stronger SGD, you may like to make a decision today or by Monday.

You see Forex can be used for trading, business decision and investment purposes. End of the day is still currency and it has its value.

Comment

Shift SL to 1.3573, risk-free trade attained

Trade closed manually

Trade Exit at 1.3596(+38)
Exit due to Profit Trend Line(PTL)
broken, will see if there's a second chance entry.
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