USDSGD: Prices meeting tough Fibonacci level
Chart Setups:
1- Bullish AB=CD formed with PRZ meeting 76.4% of the entire upside wave from 1.2335 to A point at 1.2525.
2- Slant positive divergence drawn on Stochastic.
3- Bullish candle "Piercing pattern" formed at the aforementioned Fibonacci confluence.
Stop loss just 30 pips below D level at 1.2415
1- Bullish AB=CD formed with PRZ meeting 76.4% of the entire upside wave from 1.2335 to A point at 1.2525.
2- Slant positive divergence drawn on Stochastic.
3- Bullish candle "Piercing pattern" formed at the aforementioned Fibonacci confluence.
Stop loss just 30 pips below D level at 1.2415
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