AUDSGD on the 4h chart after hitting the weekly resistance started a retracement move. The price is forming a possible head shoulder pattern and if if the market will break below the neckline we can look for a short position. On the other hand, the descending channel could hole the price and bounce over it for the next bullish leg. ––––– Follow the Shrimp...
AUDSGD on the 4 h chart after testing the weekly resistance, moved back to that minor support at the 1.02300 level over the 0.382 If our entry rule will trigger, according to Plancton's strategy, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue...
AUDSGD on the 4h chart is now creating a new high. The price after the last bullish leg retraced until the support area at the 0.5 fib level. If our entry rule will trigger, according to Plancton's strategy, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. •...
AUDSGD after the bullish impulse of last Friday closed above a weekly support. The price after touching the upper trendline of the major ascending channel starts a minor retracement for a retest of the support. IF the price will break and close above the resistance area at 1.00800 we can set a nice long order according to Plancton's strategy. ––––– Follow the...
AUDSGD on the 4h chart after breaking abobve the 0.98500 area, started a ranging phase between 2 structures. IF the price will break above the 0.98850 area we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure ->...
AUDSGD on the daily chart found support over the lower trendline of a descending channel. The price couldn't break below and will probably move up for a retracement. IF the price will test again the resistance area at 0.96800 and give us a sign of inversion we will set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9247). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDSGD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9247). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDSGD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Previous analysis before the traditional market crash:
AUd SGd is ready to run up Lots of momentum 7 hour stochrsi We are breaking above the cloud 15 minute moku Green ahead
long time ichi line of long support price above cloud 7 hour moku cloud lagging span above 7 hour moku cloud 7 hour green moku ahead 7 conversion line over base line 15 minute moku resistance shallow 15 minute moku green ahead 15 minute lagging span over cloud
PAIR IN FOCUS: AUDSGD PLAN: SHORT ENTRY: 0.92940 STOP LOSS: 0.93400 TP 1: 0.92540 TP 2: 0.92190 TP 3: 0.91580 REMEMBER TO MANAGE YOUR RISK!
Hi all , opening a round 2 buy on this pair for a swing . last time out we got a whopping 75pips . Many thanks
Midterm forecast: While the price is above the support 0.9105, beginning of uptrend is expected. We make sure when the resistance at 0.9520 breaks. If the support at 0.9105 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A trough is formed in daily chart at 0.9270 on 10/24/2019, so more gains to resistance(s)...
Midterm forecast: While the price is above the support 0.9105, beginning of uptrend is expected. We make sure when the resistance at 0.9520 breaks. If the support at 0.9105 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: A trough is formed in daily chart at 0.9270 on 10/24/2019, so more gains to resistance(s)...
The pair is trading within a 1W Falling Wegde (RSI = 38.277, MACD = -0.007, Highs/Lows = -0.0017) within a wider 1M Channel Down (RSI = 32.243, MACD = -0.023, Highs/Lows = -0.0181). Both patterns call for a new Lower Low which should hit at least 0.92000. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **...
Pattern: Channel Down on 1M. Signal: Bearish as the price is coming off a rejection on the 1D MA50. Target: 0.9200.