TradingView
ForecastCity
Feb 4, 2021 4:55 PM

💡Don't miss the great buy opportunity in USDSGD Long

USD/SGDOANDA

Description

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.33410).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDSGD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.

Take Profits:
TP1= @ 1.33890
TP2= @ 1.34390
TP3= @ 1.35010
TP4= @ 1.35500
TP5= @ 1.36170

SL= Break below S2

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Comments
AR_kooshani
Oh, That's an interesting chart
ForecastCity
@AR_kooshani, Thank you for your comment. We appreciate it 🌹
ForecastCity
@AR_kooshani,  All the best with your trades.📈
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