USD SGD - Short Flashcard - This was more of a quad-top rather than a double top - The high of the first leg wasn't broken all day - You may have been stopped out on first entry if you moved stop to break even but re-entry was given so you should have caught this move
Pattern: Channel Down on 1W. Signal: Bearish if a full 1W candle closes below the 1W MA50. Target: 1.35000 (just above the Symmetrical Support Zone). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Most recent USDSGD signal:
The market after being in a side range between the recent lows and the 0.382 fib retracement level is now looking for a break to the downside. Price got the rejected already twice by the Ema 21 and now bull seem to be in power on all the major usd pair. IF the market will break below the structure at the retest of it we can set a nice short order according with...
The price after a minor retracement broke the rising wedge and retested it. Currently the market is moving into a bearish momentum and price crossed the Ema 21 for short. If the market will break below at the retest the structure we can look for a nice short order according to our strategy with a 1st Tp around 1.37 area. ––––– Follow the Shrimp 🦐 Here is the...
USDSGD broke downtrendline then rebounded from demand zone at level 1.4132 Pair is in uptrend and above SMA 100 Price is based above HVN at level 1.4166 which indicates that pair is in accumulation phase MACD shows bullish momentum It's expected for opening long trade after exceeding resistance level at 1.4210 to target supply zone near level 1.4414
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.4162). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDSGD 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....
USDSGD is in major downtrendline Price broke key level at 1.4215 Pair is based below HVN at level 1.4239 which indicates that price is in distribution phase MACD shows weakness in bullish momentum It's expected to target demand zone at level 1.3873
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Setup: Weekly uptrend formed, price has retraced to the W1 38.2 fib level and expected to continue the trend to the upside. On a daily perspective, price has made a good impulse to the upside breaking above the strong and important 1.385 resistance now turned support level. Trade: We take a long entry at the daily retracement to the broken level mentioned above...
ENTRY: 1.39150 TP: 1.39450 TP2: 1.39750 TP3: 1.40000 SL: 1.38800 Chart time frame - 4H Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!
USDSGD now is based below HVN at level 1.3887 which indicates that pair is in distribution phase preparing for coming correction We r waiting price breaking support level at 1.3840 for opening short trade MACD shows bearish momentum First target will be at key level 1.3678 Second target will be around demand zone at level 1.3447
USDSGD rejected from supply zone at level 1.3925 Bearish movement is confirmed with bearish engulfing candle MACD shows bearish momentum RSI broke uptrendline on H4 frame It's expected for strong coming correction to retest HVN at level 1.3626 then go down towards the key level near 1.3510
Will be speculating what I understand from PA, whether its Loss in Momentum, Long Wicks with Close below, ETC. Perfect Area to look for a Short, left a few notes on the chart analysis itself to keep things brief but effective to look for incase some decide to take their own trades on this pair. Whats great about set ups like this is, if you had proper money...
Waiting for Price to Bounce of Resistance giving us leverage to enter in a buy with optimal risk-reward. We are in a Bullish Market, therefore looking for Retracements and Opportunities to set Long.
USDSGD is based below major downtrendline and key level @ 1.3513 Bullish pullback occured and rejected by Moving Avg 100 MACD shows sell signal Coming strong bearish wave is expected
The pair is on Higher Lows since February and as illustrated by the neutral 1M technical action (RSI = 49.129, STOCH = 50.169, ADX = 27.402, MACD = -0.001, Highs/Lows = 0.000) is on optimal buy levels. The 1D RSI has bounced already off 26.000 (oversold) and the Death Cross is emerging which last time marked the bottom. We are bullish on USDSGD with 1.38000 -...