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Singapore Dollar vs Japanese Yen
Long

SGDJPY long opportunity

By getmohsin.py
Updated

SGDJPY appears to be resuming its trend after a pullback on the daily timeframe. On the H1 chart, it is currently in an uptrend after breaking above the previous anchors. You can consider going long either on the retest of the slider parallel or the breakout zone. Set your Take Profit (TP) levels as follows:

  1. TP1 at the H4 downtrend anchor
  2. TP2 at the upper parallel of the pitchfork.


Happy hunting and may your trades be profitable!
Trade active
Entry triggered at sliding parallel at 105.21
Trade closed: target reached
Multiple Time Frame AnalysisTrend AnalysisTrend Lines
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