FX_IDC:USDSGD   US DOLLAR / SINGAPORE DOLLAR
108 4 7
PRICE IS CREEPING TOWARDS PATTERN COMPLETION @ 78.6% AND PREVIOUS RESISTANCE ZONE .
HIGH RSI VALUE.
LOOK FOR PRICE ACTION @ HIGHER PRICES TO SELL.

I WONT ENTER THIS TRADE JUST YET AS MY ONE OF MY TRADING RULES COMMANDS THAT I SHALL TRY NOT TO ENTER TRADES ON MONDAY/FRIDAY.
I WILL OBSERVE TODAY'S PRICE ACTION.
Hey, maybe the end of this trading day we can have confirmation. nice chart! thanks mate!
+1 Reply
PriceActionTrading louie.angelo.collera
Yea. thanks for your comment. Price and RSI has some divergence.
+1 Reply
Hey Price, Good trading rule. I also have a similar rule within my set of rules. It has helped me to lower the amount of losers I use to have. All the BEST mate :)
+2 Reply
All the best to you too.
Reply
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