USDSGD Reaching a key level to watch**Find out more from my Tradingview Stream this week**
***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
USDSGD
usdsgd a down trend It is down on the daily and h4 timeframe..just look for setup to go short.
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
EURSGDEURSGD - Break out...Coming soon!
EURSGD - Technically it's brewing for break out to either direction. We are currently within the ranges of Highs: 1.44965 Lows: 1.41187
If we are to break the lows, expect the recently low areas of 1.37625 to be target areas.
If we are to break the hight, expect the the two key resistance areas to be tested and to be target areas 1. 1.47285 & 2. 1.49660
I have even enjoyed trading the USDSGD - very clean set ups!
Have a great week ahead,
Trade Journal
USDSGD HOT PROJECTIONThis market is in a current dominant downtrend. Price action dictates an exhaustion in the short-lived uptrend correction and a continuation of the downtrend. The daily trendline aligns with the current price and the short trendline drawn using the 4hr and 1hr timeframe signifies a possible entry for a lengthy downtrend continuation for the week.
USDSGD BUY Signal Supply And DemandHigher Timeframe Analysis:
-Price low on the sideways range
-Price sitting inside demand/support
Look for buys with confirmation on lower timeframe:
-Price broke daily/4hr downward trend lines
-Price removed opposing supply zones
-DBR daily demand created
-Wait for pullback and either trading whole zone or use the daily/4hr demand zones as the HTF and wait for new LTF 5min/15min/1hr timeframes for entries.
USDSGD Possible drop to support levelUSDSGD Possible drop to support level.
Logic behind analysis :
1. Long term downtrend
2. Daily Bearish engulfer
3. 4H Head & shoulder on resistance with liquidity grab
Summary : A sell trade is high probable as per chart analysis.
Press the link button if you enjoy this analysis.
USDSGD coming back for a retestAfter USDSGD has escaped the ascending channel and the head and shoulders pattern, it is now touching an ascending trend line starting back from Sept 21 and touched again on Feb 22, also touching a 23.6 fib level,
currently looking to retest the previous support (neckline) and a 61.8 fib, which is now resistance @1.366, and also the lower channel line. Which was broken earlier.
in a 1-hour time frame appears to print a divergence on the RSI indicator, which indicates that we might have a change in the direction
--------------------------------
Feel free to share your thoughts in the comments, and kindly support the idea with a like. Your support is greatly appreciated!
Usdsgd having more bearish toneMore downside to come?
**Find out more from my Tradingview Stream this week**
***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
USDSGD Entered its 6 year Resistance Zone.The USDSGD pair has entered a Resistance Zone where it has made long-term tops and got rejected since January 2016. Even if the long-term pattern is a Channel Up, technically there isn't much room for further growth before a correction near the 0.786 Fibonacci retracement level at least.
It is interesting to see also that all rejections had the same aggressive sell-off behind them, reaching the middle of the Channel (0.5 Fib) in a matter of 2-3 months. Also check the 1W RSI. Strong rejections took place once it broke above the 70.000 overbought barrier. Right now we are above it.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
With USD strengthening, Usdsgd should be for a LONG***************************************************************************************
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
USDSGD pulling back. Two levels to buy.The USDSGD pair made a Double Top rejection two days ago and is currently on a strong bearish 1D candle. With the 1D RSI also rejected on a Double Top last since in September 29 2021, the next level to consider entering is just above the 1D MA50 (blue trend-line), which is where the June 16 Bull Flag found Support. A 1D candle close below the 1D MA50, should target the bottom of the long-term Channel, just above the 1D MA200 (orange trend-line), which is where the last two Higher Lows were formed on August 11 2022 and April 14 2022.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------