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ForecastCity_World
Mar 5, 2021 6:08 PM

It's a great buy opportunity in USDSGD Long

USD/SGDOANDA

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3335). 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 75.

Take Profits:
TP1= @ 1.3470
TP2= @ 1.3525
TP3= @ 1.3555
TP4= @ 1.3615
TP5= @ 1.3705

SL= Break below S2

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Comments
Mehmetozdemi
Keep updating this chart plz. very helpful as usual.
ForecastCity_World
@Mehmetozdemi, Thanks for your comment
DenizKilicDeniz
God, let this chart touch the moon :D
ForecastCity_World
@DenizKilicDeniz, Thanks for your comment
Megan_forex
I hope it goes well up to the sky
yusufipek1989
It looks like a possible idea. thank you
ForecastCity_World
@yusufipek1989, You're very welcome! We hope you enjoy it.
carefulOwl22772
I like and agree with your view
ForecastCity_World
@carefulOwl22772, Thank you for your comment
sofi_Morphy
Thank you it's good
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