TomProTrader

SGDUSD: Nice Short Opportunity Into The Lows #Forex

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FX_IDC:SGDUSD   SINGAPORE DOLLAR / U.S. DOLLAR
7
Traders,

With SGDUSDmoving nicely on bearish momentum, we have a nice opportunity to get into a short off a small 3 wave system. We have multiple dojis at TL resistance and 50MA level. Bears have momentum, and I expect a minor consolidation breakout real soon. I would have thought this leg will be a LL leg, which is essential for the future of this move, so a LL is desired to validate this thought.

Best of luck
Tom

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