FX_IDC:USDSGD   US DOLLAR / SINGAPORE DOLLAR
Bearish pin bar at resistance.
Price has been making lower highs.
Overall bearish on USD now.
Will have prefer the pin to form at 1.3400.
Warning: there is an opposing pin and near term support around 1.3280.

Appreciate any differing views by giving your comments below.
Hi casey,
Price in between 200sma and key resistance level. Expect some bounces in between until defined trend is formed.
the two opposing D1 pin bars already show for itself the future consolidation potential. IMO if you have to short it, place stop above 1.3400.
Just my view. Thanks casey.
+1 Reply
PriceActionTrading PriceActionTrading
a year ago
Forgot to attach chart
snapshot
Reply
Casey_Yeo PriceActionTrading
a year ago
Thanks PAT for your view. I dont use 200 MA but am aware of the near term support. Will see how the price acts on Monday.
+1 Reply
Might even dip lower, looks good.
Reply
IvanLabrie PRO IvanLabrie
a year ago
As for the stop PriceActionTrading mentions, yes, this is very aggressive, but might work well.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out