(LOSS) LONG USDSGD | RETEST HIGHS | PART 2
Fellow Traders,
As mentioned in my previous post, linked below, a break above 1.33425 would signal continued strength.
Entry: 1.33425
SL: 1.32585
TP: 1.3745
***Update***
TP changed to 1.3433 as it is the completion of a 1.618 fib extension and also the 20 SMA price level on the daily charts
I suggest risking no more than 1% per trade by adjusting your position size accordingly.
Luke
Check out my performance record of all published trades on TradingView: tinyurl.com/klkd2vr
As mentioned in my previous post, linked below, a break above 1.33425 would signal continued strength.
Entry: 1.33425
SL: 1.32585
TP: 1.3745
***Update***
TP changed to 1.3433 as it is the completion of a 1.618 fib extension and also the 20 SMA price level on the daily charts
I suggest risking no more than 1% per trade by adjusting your position size accordingly.
Luke
Check out my performance record of all published trades on TradingView: tinyurl.com/klkd2vr
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.