AUDSGD
AUDSGD. BULLISH AB=CD PATTERNHere we have a beautiful high probability bullish setup
A nice bullish AB=CD pattern
Potential Minor price rejection at 1.01925
Potential target 1 at the Minor price at 1.04000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
AUDSGD BEARISH AB=CD PATTERNHere we have a beautiful high probability bearish setup
A nice bearish AB=CD pattern
Potential Half major price rejection at 1.05045
Potential target 1 at the 38.2 FIB at 1.04512
Potential target 2 at the Larger price at 1.02500
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
AUDSGD. BULLISH DEEPCRAB PATTERNHere we have a beautiful high probability bullish setup
A nice bullish Deep Crab pattern
Potential Major price rejection at 1.00000
Potential target 1 above the Minor price at 1.03319
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
AUDSGD. BEARISH DEEP CRAB PATTERNHere we have a beautiful high probability bearish setup
A nice bearish Deep Crab pattern
Potential Minor price rejection at 1.06000
Potential target 1 at the Half major price at 1.05000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
Long AUDSGD after MAS easing policy and AUD employment dataBetter than expected employment data from Australia this week boosted the AUD against most currencies. Due to the previously weak USD, AUDUSD had already moved into a bullish sentiment zone, and this weeks data adds to that conviction. We note however a potential trade setup for AUDSGD as the good Aussie data accompanied by the easing move by MAS allowed the pair to break above the 1.04 handle, to turn the current sentiment from a neutral sideways market to a bullish break out.
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AUDSGD - Meeting with Former Resistance TrendlineAUD have been rally strong across the board, with Positve news impact, but will Rally end or keep moving. On AUDSGD, its meeting former Resistance Trend Line. here, we can wait for confirmation. To go Short or Long, but my biased is still on the Short Side.
AUDSGD Bearish Bat at Key ResistanceWe have a bearish bat completed at 1.062 aligning with previous structural resistance. Any sell opportunity here should be seized given that this resistance level has held twice before coupled with the bearish bat. Sellers can look at 1.054 as the first potential target should bears start selling it down once again