USDSGD [4hr, Short]: Breakout
Updated
Price has been in a tight buildup on the daily chart with volatility contraction.
The price broke out of the range and I'm looking for an entry trigger on the 4hr chart.
Market is in a downtrend < 200MA.
Entry: 1.3345 at the open of the previous candle
Stop: 1ATR above the resistance at 1.33933 level
Exit: I will ride this trend until price closes above previous daily candle
The price broke out of the range and I'm looking for an entry trigger on the 4hr chart.
Market is in a downtrend < 200MA.
Entry: 1.3345 at the open of the previous candle
Stop: 1ATR above the resistance at 1.33933 level
Exit: I will ride this trend until price closes above previous daily candle
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