technicalwhale

USDSGD multi frame analysis. Possible upmove.

OANDA:USDSGD   U.S. Dollar / Singapore Dollar
Hello Trader, Here is the full analysis of USDSGD :
1) On the 4hr chart we can see it as formed Cypher pattern and possible reversal expected.
2) Price is in a strong support zone and can test this zone for up move and if it respects this zone one can expect up move in the stock .
3) If it breaks the support then wait for the next retracement downside to take short position.

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