Thursday, May 24, 2012

USDSGD Analysis

This pair has been on a clear uptrend. Notice how it has been making higher highs and lower lows.

Looking at H1, I found a trade setup.

Point 4 appeared to be a good support for price to retrace to.

Entered at 1.27536 with SL at 1.27060

Will be updating on the results of this trade.

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