DislikedNice work on that Cad break out Aaron. My thinking is that a pullback PA on the trendline or wedge or triangle, etc. is a great base to support the setup. i.e your 1 hour BUOB.
What do you think of this on the Usd/Sgd to support that multi bar high. I think momentum is building.Ignored
But I wish I had now.... I am probably going to go in on the daily after we break the highs.
I hadn't spotted that BUOB/neutral bar with trendline pullback on the USDSGD. That's a good spot. It's rare to see daily bar highs line up exactly to the pip, especially when not at a round number. I certainly think momentum is building. So many potential ways to play this. A pure break of those highs with a tight stop, a wait for a close above the highs and then a pullback to retest, or waiting for bullish price action at the highs once broken (resistance turning to support). And of course a pure play of that BUOB you highlighted.
It'll be an interesting one to watch that's for sure.