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Singapore Dollar vs Japanese Yen
Long
Updated

SGDJPY long opportunity

103

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
getmohsin.py
Also on:
Multiple Time Frame AnalysisTrend AnalysisTrend Lines

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.
Multiple Time Frame AnalysisTrend AnalysisTrend Lines
getmohsin.py
Also on:

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.