美元 / 新加坡元

USDSGD - Text Book Reversal!

682
USDSGD has recent topped with a beautiful rejection! We had the 50 fibonacci, channel AND an ending diagonal, all indicating a reversal!

Now that we've topped, we can look for any pullbacks to add a position for the massive drop.

Trade idea:
- Watch for pullback
- once pullback appears, look for a trendline break or structure rejection
- Enter with stops above the highs (above 50 fib)
- Targets: 1.305 (700pips), 1.27 (1000pips)

Goodluck and as always, trade safe!

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