I just noticed USDSGD has a massive topping formation, and an active downtrend signal with a reasonably tight stop loss here. You can enter at market with stops above 1.4315 and aim for a decline as depicted on chart here.
Good luck,
Ivan Labrie.
코멘트
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This one's going well.
코멘트
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Move stop to entry price and hold.
코멘트
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Better let you stop you out at entry, in case it still falls.
코멘트
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It's mixed here, but potential is there. Let it run.
코멘트
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Either book profits here, or at least cover half or 75% of the position, and hold the rest with break even stop.
@archie01, I think asian currencies bottomed with USDCNH, most likely turning up. I'll post an updated chart. Thanks.
BernhardAnalytics
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great job Ivan
IvanLabrie
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@BernhardAnalytics, thanks, the movement in the short term makes it very hard to hold during these big moves in some forex pairs at times. This one was very hard for example.
Cheers!