USDSGD: Massive topping pattern

31 thg 1, 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 thg 1, 2017

Ghi chú

This one's going well.

1 thg 2, 2017

Ghi chú

Move stop to entry price and hold.

3 thg 2, 2017

Ghi chú

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

4 thg 2, 2017

Ghi chú

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

6 thg 2, 2017

Ghi chú

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

12 thg 2, 2017

Ghi chú

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 thg 2, 2017

Ghi chú

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

16 thg 2, 2017

Ghi chú

Going well now.

24 thg 2, 2017

Ghi chú

Awesome.

26 thg 2, 2017

Ghi chú

27 thg 6, 2017

Ghi chú

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