This is a potential short on the EURSGD pair. Price on the daily is in a down trend and has now broken a weekly support level and printed a an inside day candle just below it which manifests as a pullback on the 4-hour. The market is at equilibrium and price could break this inside candle and continue to the downside. TP would be at the weekly trend-line
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.