jacksonyzx

EURSGD Countertrend Long

Long
OANDA:EURSGD   EUR/SGD
God knows why I decided countertrend trading shall be the cornerstone of my trading. I look for market transition from Bullish to Bearish and vice versa.

EUR has been in a serious downtrend, seems like overextended and about time for the Bull to come back into play.
Based on my trading setup, its telling me that there is a chance for a higher degree correction off this Bearish Trend.

I hope this works out, not aiming for big reward but I already have a plan to manage this trade. lets see what the market does.
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