Brake towards the upside or downside? Wedge completion.
Im looking for this wedge pattern to complete in order for me to make my final decision on this pair.
Long Setup
USDSGD has been on a decent run for a while now. By what looks like a sharp incline, the momentum looks like as if its slowing down or perhaps ready for another push?
1. If the pair brakes the wedge on the upside and makes a strong close above the 2009 lows then it's a high possibility that this pair will drive towards the upside.
2. MACD also creating momentum towards the upside.
Short Setup
1. If the pair brakes the wedge on the downside then Im looking to short it towards December highs.
2. MA Crossovers confirming downwards momentum.
Two Strong possibilities for two strong trades. Which one can be most reliable anyone?
Long Setup
USDSGD has been on a decent run for a while now. By what looks like a sharp incline, the momentum looks like as if its slowing down or perhaps ready for another push?
1. If the pair brakes the wedge on the upside and makes a strong close above the 2009 lows then it's a high possibility that this pair will drive towards the upside.
2. MACD also creating momentum towards the upside.
Short Setup
1. If the pair brakes the wedge on the downside then Im looking to short it towards December highs.
2. MA Crossovers confirming downwards momentum.
Two Strong possibilities for two strong trades. Which one can be most reliable anyone?
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.