USDSGD: Massive topping pattern

31 בינו׳ 2017

I just noticed USDSGD has a massive topping formation, and an active downtrend signal with a reasonably tight stop loss here. You can enter at market with stops above 1.4315 and aim for a decline as depicted on chart here.

Good luck,

Ivan Labrie.

31 בינו׳ 2017

הערה

This one's going well.

1 בפבר׳ 2017

הערה

Move stop to entry price and hold.

3 בפבר׳ 2017

הערה

Better let you stop you out at entry, in case it still falls.

4 בפבר׳ 2017

הערה

It's mixed here, but potential is there. Let it run.

6 בפבר׳ 2017

הערה

Either book profits here, or at least cover half or 75% of the position, and hold the rest with break even stop.

12 בפבר׳ 2017

הערה

Reenter at market open, we were stopped at entry but USDSGD has a new short signal here if it expands range down:
s3.amazonaws.com/tradingview/snapshots/k/KQbHKClQ.png
It built a new mode lower, chart is still very toppy.

14 בפבר׳ 2017

הערה

Stopped but you may reshort now with a stop at the recent high.

16 בפבר׳ 2017

הערה

Going well now.

24 בפבר׳ 2017

הערה

Awesome.

26 בפבר׳ 2017

הערה

27 ביוני 2017

הערה

A technical trader's nightmare...holding this decline, it did move as forecasted, but short term movement was incredibly deceitful.