Interesting consolidation on US dollar Singapore dollar pair.
Forming a nice symmetrical triangle.
a & b waves completed; currently undergoing wave c, completed sub-waves i-iv, waiting for a small trend up to complete sub-wave v, thus completing wave c.
Based on wave count and the previous trend, the chances are that the pair will drop further after breaking out of the triangle.
For a reversal to happen, then a wave X has to form, usually in 5 subwaves, and preferably in a kind of descending wedge/diagonal triangle and buying at the end of sub-wave 5.
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