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Swing: Bearish trend is here to stay (16/04/19)

アップデート済

Based on the charts, SGX looks pretty bearish in the coming weeks/months ahead. 7.32 will be a tough resistance level for price to breach and we expect the bearish sentiment to continue. The heavy sell down on 12 March 2019 indicates sellers are heavily in control. 7.17/7.09 will be the next support level, should buyers failed to support the mentioned levels, we can see price revisit 6.86.

Trade Set-up:

EP: 7.32
SL: 7.60
TP: 6.86

Best Regards,
Nour Capital - Tracking Smart Money Flow

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