USDSGD - 1000pip Drop Almost Ready!

26 ต.ค.

1D Chart

In our previous breakdown, we highlighted the upcoming Wave 4 correction and the potential sell zone ahead — price has now followed that roadmap with precision and fast approaching our sell zone.

Wave 3 completed cleanly, and we’ve since seen a textbook ABC correction forming Wave 4.

Price is now approaching the Sell Zone (38.2–50% retracement), where we’ll be watching closely for confirmation to trigger shorts.

The structure remains intact — Wave 4 invalidation sits just above the 1.32 region. As long as we stay below that level, the bearish setup toward Wave 5 remains valid.

Trade Idea:
- Aggressive short: Rejection inside the Sell Zone
- Conservative short: Break of structure / trendline break confirmation
Targets:
TP1: 1.27 (400pips)
TP2: 1.25 (600pips)
TP3: 1.216 (1000pips)

Weekly Chart:

This is where patience pays off — we’ve tracked this correction from the start, and the final leg of Wave 5 is almost ready to begin.

Plan the trade. Wait for confirmation. Execute with precision.

Goodluck, and as always, Trade Safe!

26 ต.ค.

บันทึก

Previous Setup