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Veejahbee

USDSGD Bearish Continuation Setup

Short
U.S. Dollar / Singapore Dollar (OANDA:USDSGD)  
Veejahbee  
OANDA:USDSGD   U.S. Dollar / Singapore Dollar
Trend Analysis Chart Patterns Wave Analysis USDSGD usdsgdshort elliotwaveanalysis elliotwavecount
17
2
trendanalysis chartpattern waveanalysis usdsgd usdsgdshort elliotwaveanalysis elliotwavecount
The price decline in five waves "impulse" after testing a double top area. Price is making a corrective pullback which will most likely unfold as a zigzag pattern based on the rally in wave (A).

Once the correction is completed, the price is expected to resume in the direction of the impulse.

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