SGD/JPY
Short

SGDJPY Sell Setup

720
Hello everyone, if you like the idea, do not forget to support with a like and follow.

on DAILY: SGDJPY is sitting around the upper brown trendline so we will be looking for sell setups on lower timeframes.

on M30: SGDJPY is forming a channel pattern in red so we are waiting for a new swing to form around it to consider it objective/valid.

Trigger: Waiting for a momentum candle close below the gray area to sell.

and until the sell is activated, this one would be overall bullish and can still break above the brown trendline to test the 79.0 green resistance before going down.

As price approaches our lower blue support and lower brown trendline, we will be looking for buy setups.

Good luck!

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