Hey Guys! its your girl Forex Potatoe here we go again on our daily Analysis
USD SGD is currently on a downtrend on the 4H and 1hr timeframe, but 15mins time frame is currently in an uptrend with the last low broken.
price is on a downtrend on two Timeframes so i am currently looking at taking a sell on the 15 mins or 5 mins timeframe.
We can see price trading currently on a flip zone(0.50 on the fib), and RSI on 15 mins is currently overbought so hence i expect the market to drop today as its a day trading signal and TP would be on the last low
Kindly let me know what you think about this idea and also leave a follow so you can see my analysis regularly.
USD SGD is currently on a downtrend on the 4H and 1hr timeframe, but 15mins time frame is currently in an uptrend with the last low broken.
price is on a downtrend on two Timeframes so i am currently looking at taking a sell on the 15 mins or 5 mins timeframe.
We can see price trading currently on a flip zone(0.50 on the fib), and RSI on 15 mins is currently overbought so hence i expect the market to drop today as its a day trading signal and TP would be on the last low
Kindly let me know what you think about this idea and also leave a follow so you can see my analysis regularly.