USDSGD
USDSGD: Massive topping patternI just noticed $USDSGD has a massive topping formation, and an active downtrend signal with a reasonably tight stop loss here. You can enter at market with stops above 1.4315 and aim for a decline as depicted on chart here.
Good luck,
Ivan Labrie.
USD/SGD Daily Update (27/01/17)a pretty bearish chart shown here
looking to take a short at the trench about
patiently waiting for price to retrace back.
key resistance
- 1.435 zone
AB=CD completion on support level!Hi guys!
Here we have another AB=CD completion on support level and a 141,40 fibo extension.
Look for bullish evidence on that level before going long here.
Like if you agree follow and support!
USDSGD LonG?Thanks to blue43 on taking profit.
We found a long position when we saw his chart.
Sorry for the late post, entered long at 1.43228 based on support line. We have set our TP at 1.50.
See you guys there :)
audusd S&R (120 min)audusd
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audsgd +98 (1M)
usdhkd -86 (1W)
usdsgd -95 (1D)
Correlations provided by: myfxbook.com
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Not Investment Advice
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usdnok S&R (60 min)usdnok
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usdcad +98 (1M)
usdthb +73 (1W)
usdsgd +96 (1D)
Correlations provided by: myfxbook.com
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Not Investment Advice
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USDSGD BULLISH SHARK PATTERNHere we have a beautiful high probability bullish setup
A nice bullish Shark setup
Potential Minor price rejection at 1.44000
Potential target 1 at the Half major price at 1.45000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
(4h) Bearish Butterfly & Structure BreakoutOANDA:USDSGD
Example of 1:2 risk/reward at 1st target the 38% from the pattern completion point;
Safe Trades;
USDSGD. BEARISH DEEPCRAB PATTERNHere we have a beautiful high probability bearish setup
A nice bearish DeepCrab setup
Potential Half major price rejection at 1.45586
Alse a confluence FIB zone
Potential target 1 at the Minor price at 1.44000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought)
Last time USDSGD rose to current level: Oct 2008Has also surpassed Dollar peak in Q4 2015 before reload. Keep an eye on YoY% change; decisive pivot to positive rate-of-change consistent with Dollar take-off in 2014.
From U.S. Election = 8.73% upside to GFC high. Channel-bound for now.
USD/SGD, DAY CHART, LONG (9-DEC-2016)A good swing setup shows on USD/SGD Pair.
1. Overall trend is still bullish on USD
2. The price touched on 20-EMA and bounce back strongly from that,a good signal to long.
3. The price also bounce back from the support level at 1.416x
EP: 1.42417
SL: 1.41438
TP1: 1.43289
TP2: 1.44242
Time for USDSGD 1.49~1.55Key neckline breakout.
The low of wave 4 is probably seen by now, and will not move much lower. (previously 1.28 was still possible)
Q3 exports was down a massive 4.9%.
Trump presidency that will render the current Transpafic Partnership (TPP) under discussion obsolete.
Increasing competition from regional ports (such as iskandar malaysia), and China's Huge 'One Belt, One Road' initiative on increasing infrastructure investment
Years ahead Singapore will be in for the best of globalization, while other countries are increasingly de-globalizing. (As seen in the Philippines, Brexit and US election this year, including EU election in 2017) The 'open' policy will be worst off.
There's simply no way Singapore could impose levies and taxes, since it does not produce on its own and is unsustainable without foreign imports.
Regionally, ASEAN as a whole is dead. Malaysia, Brunei, and Philippines are moving increasingly closer to China. As a whole there is not really any leverage in the South China Sea at all.
The prime minister of Singapore, Lee Hsien Loong have pretty much left all his basket of eggs with the US and have proved to be disastrous so far.
China will have the last laugh regionally.
[H4 USDSGD] Double TopDouble top forming on USDSGD on the H4 chart.
Entry below neckline @ 1.41600 with TP values scaling out at 50,61 and 78 Fibonnaci Levels
USDSGD Short 1D @ ResistanceShort USDSGD, bouncing off 1.43500 resistance. Looking to enter below the low on a candle closing below the consolidation low.
Target is .5 Fib
Short it safe??I am still bearish on this pairs BUT don't forget that much is going! Big news today and the Election in the US next week.
You have to be careful taking your decisions, for me i am trading small position for now till after things get more clear.
Like if you agree, follow and support please!
Reversal area!Price didn't make a new high here, on a nice resistance look left. We have divergence on the MACD also.
So IF price close below the TL and retest with failure, i will go short as shown in the chart.
Like if you agree, follow and support please!
