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PriceActionTrading
Jul 20, 2015 4:02 AM

USDSGD Short

U.S. DOLLAR / SINGAPORE DOLLARICE

Description

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.
Comments
moneymaking
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 :)
PriceActionTrading
All the best to you too.
louie.angelo.collera
Hey, maybe the end of this trading day we can have confirmation. nice chart! thanks mate!
PriceActionTrading
Yea. thanks for your comment. Price and RSI has some divergence.
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