CADSGD WRMB in the making
CADSGD is showing typical Tflow® pattern – WRMB.
Due to the lack of data in Axitrader MT4, I have attached Bloomberg data and it shows that CADSGD is downtrend.
Price wash and rinse many boxes high and subsequently retraced up to touch resistance
Price is being resisted by historical SAR and also F5 of the fibonacci retracement
1234 seen in d1, with pt 4 showing head shoulder pattern.
Fine-tuning in lower timeframe, still a H4 trigger
H1 shows 1234 and F6 level. Though a H1 timeframe but I would go with a H4 close.