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hassanejaz1

USDSGD Potentially making a inverse head and shoulder

Long
U.S. Dollar / Singapore Dollar (OANDA:USDSGD)  
hassanejaz1 Updated   
OANDA:USDSGD   U.S. Dollar / Singapore Dollar
Trend Analysis Chart Patterns Head and Shoulders
2
2
trendanalysis chartpattern headandshoulders
USDSGD is showing signs of potentially forming an inverse head and shoulders pattern, accompanied by divergence on the chart. Following recent news, there's speculation that DXY might trend bearishly, while SGD could rally. We're monitoring the neckline break closely for potential trading opportunities in line with this pattern. I'm curious to hear your thoughts on this analysis. Cheers!
Trade active:
Trade taken as it broke out
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