Hello Trader, Here is the full analysis of USDSGD :
1) On the 4hr chart we can see it as formed Cypher pattern and possible reversal expected.
2) Price is in a strong support zone and can test this zone for up move and if it respects this zone one can expect up move in the stock .
3) If it breaks the support then wait for the next retracement downside to take short position.
How can you support me:
1) Like my idea.
2) Follow me for more analysis
Feedback:
Please share your feedback in comments and this will help me to improve my drawing and analysis
1) On the 4hr chart we can see it as formed Cypher pattern and possible reversal expected.
2) Price is in a strong support zone and can test this zone for up move and if it respects this zone one can expect up move in the stock .
3) If it breaks the support then wait for the next retracement downside to take short position.
How can you support me:
1) Like my idea.
2) Follow me for more analysis
Feedback:
Please share your feedback in comments and this will help me to improve my drawing and analysis