We have seen a bull run in SGD/JPY from a long time and we saw a little correction now SGD/JPY has been consolidating in the highlighted range , If we see a closing below that range with a above average volume it looks a very good positional short 

The blue ADX line has also indicated the exhaustion in the bullish trend and we are also noticing a crossover in the DMI lines

RSI is also indicating reading of 64 so there is still a huge room for bears 

Sell SGD/JPY if it closes below 84.135 for a target of 83.750 with a stop loss of  84.350

SGD/JPY

Nov 03 2021