SGX short
Disclaimer: This chart is for study purposes only. One should not make trades based on this.
Short on the Brown trendline broken
SGX has broken green trend line, its soon going to break brown one also
Before doing so it may once retest the high once again
One can go short on the high resistance 12400 future leve
Short on the Brown trendline broken
SGX has broken green trend line, its soon going to break brown one also
Before doing so it may once retest the high once again
One can go short on the high resistance 12400 future leve
Trade active
Broken Brown Trend line ... now it may act as resistanceNote
Its a clear short signal ..... trade for future onlyTrade active
Now if tomorrow 12080 level is broken then next target is 11846 futureTrade active
Again touching trendline after crossing it. Trendline will act as resistance thus creating further fall.Trade closed: target reached
Trade closed. Target achieved.Note
One may choose Another target 11082 ... it's far to reach but achievable if bearishness persist and the trendline is not broken
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.