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hassanejaz1
Feb 2, 2024 6:20 PM

USDSGD Potentially making a inverse head and shoulder Long

USD/SGDOANDA

Description

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
Comments
TheFxAce
Your clear breakdown of the market's growth potential is really helpful.
hassanejaz1
@TheFxAce, Cheers!
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