Description
⋅ It appears that USDSGD may be setting up for a multi-day bull run.
Last week USDSGD posted a green weekly Heiken Ashi candle and I suspect it may do it again.
It is also the case that USDSGD posted a green daily Heiken Ashi candle after multiple red Heiken Ashi candles on the daily.
This signals to me that we may be in for a bull run this week.
Comment
⋅ A view from the weekly time frame.
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⋅ A view from the daily time frame using traditional candlesticks.
Comment
⋅ I entered this market via market order. Stop is set below the local low on the daily time frame.
Let's see where it goes this week.
Trade closed manually
⋅ Price made a solid move up. I went ahead and closed this trade out.