GBPSGD SETUPHello Everyone, this is the first analysis I ever place on an exotic currency. I am looking at a flag pattern forming, If this resistance is held then we can look into price making an impusle to ext. lvl. RSI is also showing divergence for added confirmation. Watch this pair for the big move, trade it safely, trade with a plan, stick to your plan and you will stay in profit blue! Show some support :)
GBPSGD trade ideas
GBPSGD Gartley PatternEntry: 1.8080
StopLoss: 1.8150
Target Profit: 1.79170
Will see how it goes in the Green Box as currently, it is still on the OverBought Zone in the RSI Indicator. Once the next candle has shown it's closed value and with RSI hitting below the Overbought zone, it will show that there is a higher probability of the currency of GBPSGD to fall.