GBPSGD 4HR PROJECTION

16 พ.ค. 2021

As We can see from the 4hr structure , a Break and retest to that trend line had occurred last week with strong bullish momentum even from the weekly and daily chart, right now I'm looking for a clean Entry to join the bullish run. Price has two options for optimal trade entries from my perspective. Option A, At 1.86798 support that has been tested and rejected as we can see from the chart so we'll need price to retrace to the 38.2% fibs level with a slight rejection to go long. Option B at 1.86044, where we has a stronger support than the first option, we'll need a 61.8% retracement and a slight rejection from that level before we go long..