USDSGD - Will it remain on the uptrend?

11 dic 2019

LONG - USDSGD

SL: 1.35637 (Suggested by our algorithmic system)
TP: 1.36564 (Suggested by our algorithmic system)

Reasons behind this idea:

1. Price has tested the primary support trendline

2. OBV is showing positive interest in this currency

3. Price has lifted off oversold indicator zones

Trade idea from our mobile app: ibb.co/hZwL89j (Timestamp is in Australian Sydney Time UTC+7)

Please trade responsibly and good luck!

---------- Chart Drawings ----------

Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Purple Horizontal Line: Suggested Stoploss by our algorithmic system
Green Horizontal Line: Suggested Stoploss by our algorithmic system

12 dic 2019

Trade chiuso: stop raggiunto