Get started

AUDSGD

AUDSGD retrace for a new bearish leg? 🦐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 mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Short
by InkyGrip
6
Don't miss the great buy opportunity in AUDSGDTrading 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. . The RSI is at 68. Take Profits: TP1= @ 0.9353 TP2= @ 0.9433 TP3= @ 0.9548 SL= Break below S2
Long
by ForecastCity
19
AUD/SGD down under for 2019-2020Just my idea. Moving to Sydney from Singapore on Dec 24, 2018. :) May have another test at 1.02 in the beginning of 2019, after which it may go down under, first at 0.9 T1, 0.85 T2 worst case, if there is no breakout above 1.02. If there is a breakout at 1.02, target for the AUD is back to 1.3 Cup and handle clearly visible from the SGD/AUD chart spanning from the 2008 crisis and formed a handle from the 2016 Chinese market crisis. Singapore may be better off prepared from an anticipated global financial crisis this time around 2019-2020, as compared to Australia. Advance Merry Xmas and a Prosperous New Year!
by jayandrae