USDSGD – Elliott Wave Breakdown - Big Drop Coming!

Every swing has been unfolding with textbook precision - following Elliott Wave structure step by step.

We are now deep into the larger 5-wave decline:
Waves 1, 2, and 3 are already complete.
Price is currently in Wave 4, unfolding as an ABC correction.
Within this correction, we’re finishing wave B, with a final push into wave C expected.

The SELL ZONE is marked at the 38.2–50% retracement area, confluencing with the descending trendline. This is where Wave 4 should end before the downtrend resumes.

Trade idea:
- Once price taps into this reversal zone, we’ll watch lower timeframes for bearish confirmations such as: Break of structure (BOS) / trendline break
- Entry triggers with stops above invalidation
- Targets: 1.247 (600pips), 1.216 (900pips)

Why is the sell zone important?
Wave 4 corrections often retrace into the 38.2–50% region, but rarely go beyond 61.8% without invalidating the wave count. That’s why we focus here - it’s the high-probability turning point.

USDSGD 12H

This next leg will be Wave 5 of the broader move, likely carrying momentum to fresh lows.

Plan your trade. Wait for confirmation. Execute with discipline.

Goodluck and as always, Trade Safe!