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TheSignalyst
1 lip 2021 14:43

SGDJPY - Potential Bearish Reversal! Short

SGD/JPYOANDA

Opis

Hello everyone, if you like the idea, do not forget to support with a like and follow.

SGDJPY is sitting around a weekly resistance in blue so we will be looking for sell setups on lower timeframes.

on H4: SGDJPY is forming a trendline in red but it is not valid yet, so we will be waiting for a third swing to form around it. (projection in purple)

Trigger => Waiting for that swing to form then sell after a momentum candle close below it. (gray area)

Until the sell is activated, SGDJPY would be overall bullish and can still trade higher.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Komentarze
MaggieLuzp
I love this method.
TheSignalyst
@MaggieLuzp great Maggie
TopTradingSignals
Well spotted resistance!
TheSignalyst
jojofang0901
good potential top for the price to reverse :) thx
TheSignalyst
@jojofang0901 right jojo
YMGroup
Your charts the best
TheSignalyst
@YMGroup respect bro
AtlasTrades
nice TA :)
TheSignalyst
@AtlasTrades thanks mate for the support
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