CAD/SGDLong
CADSGD technically oversold
Updated
LONG - CADSGD
SL: 1.02069 (Suggested by our algorithmic system)
TP: 1.03173 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Stochastic and RSI indicators suggests this currency pair is oversold
2. RSI and On Balance Volume indicators is showing bullish divergence
Caution: MACD is still showing bearish momentum
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Solid Line: Resistance Trendline
Blue Arrow Line: Bullish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/MDfhNzx (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
SL: 1.02069 (Suggested by our algorithmic system)
TP: 1.03173 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Stochastic and RSI indicators suggests this currency pair is oversold
2. RSI and On Balance Volume indicators is showing bullish divergence
Caution: MACD is still showing bearish momentum
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Solid Line: Resistance Trendline
Blue Arrow Line: Bullish Divergence
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/MDfhNzx (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
Trade closed manually
Please adjust your SL to avoid loss and to lock in some profits.Our app has closed the trade but I suggest moving the SL to 1.025 to give it some room to jump up again.
Screenshot from our app: ibb.co/zSBKmjM
Trade closed: target reached
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