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ForecastCity_ME
Mar 15, 2022 10:45 AM

πŸ’‘Don't miss the great sell opportunity in SGDJPYΒ Short

SGD/JPYOANDA

Description

β‹…
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (86.44).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. SGDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 49.

Take Profits:
TP1= @ 86.18
TP2= @ 85.95
TP3= @ 85.59
TP4= @ 85.20
TP5= @ 84.77

SL: Break Above R2

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Comments
Lizabet
β‹…
Love this analysis.πŸ‘πŸ‘Œ
ForecastCity_ME
β‹…
@Lizabet, Thank you for your comment. We appreciate it
AR_kooshani
β‹…
Great & clear analysis. Thank you for sharing
ForecastCity_ME
β‹…
@AR_kooshani, You're very welcome!
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