Looking for reasons to short USDSGD for month of May
Price moved into a previous support, now turned resistance. I'll be looking for short signals on the daily time frame.
Note
A bearish engulfing-like candle posted today on the daily time frame. This could mark the beginning of a monthly down trend.
Note
I'll be keeping an eye on these fib levels for signals on the lower time frames for possible entries.
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Related publications
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.