GBPSGD is in a down trend on both weekly and monthly time frame
Price respected the previous 7 year broken low to form a new 10 month low hence respecting trend
this level turning out to be a swap level hence looking forward to price behaviour when it get back to this level.
getting a short postiton trade on cofirmation of price rejection indicated through the candlestick wicks
Price respected the previous 7 year broken low to form a new 10 month low hence respecting trend
this level turning out to be a swap level hence looking forward to price behaviour when it get back to this level.
getting a short postiton trade on cofirmation of price rejection indicated through the candlestick wicks