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AUDSGD report for swing/day trades #11

AUDSGD swing look for short continuation day traders wait n see

Analysis for swing traders

Price action test > re-test of shadow zone confirms that it is resistance. Price action at resistance meets Bollinger Band overbought so there is confluence. Now for trigger which could look like

  • /\/\ in line chart
  • clear wash and rinse of shadow+bollinger upper band
  • break below shadow zone
  • break black dotted trend line
AUDSGD daily chart report 11 by Colonel Kink Forex Reporter

AUDSGD daily chart report 11 by Colonel Kink Forex Reporter | Source: Tradingview

Analysis for day traders

Wait n see.

 

Join discussion or follow Colonel Kink here. Link to report #10 here.

Forex observations using the ColonelKinkSAR™ Method. Follow me on https://www.tradingview.com/u/colonelkink/.

I have no license to analyse/provide recommendation anywhere on Earth. I am a stranger. Bear your own consequence if you choose to listen to a stranger.

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