CADSGDCADSGD is showing a Bearish Trend in 1H Time Frame, making consecutive Lower highs and lows. Entry Point would be 0.99144. You can Put Stop Loss at Previous Lower High which is at 0.99497 and your First Tp would be at 0.98791 and 2nd Tp would be 0.98438 and Your Lot size at $10k would be 0.53.
CADSGD trade ideas
CADSGD, Descending Triangle For A Big DropCAD/SGD - The price dropped below the lower boundary of the descending triangle.
The target is around 1.00
Perfect automated detection of BlackSwan pattern - LongA bullish-type big BlackSwan pattern occurred.
Also on the weekly chart, bullish-type BlackSwan pattern is occurring.
Long after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
Perfect automated detection of Gartley PRZ - LongA Bullish-type big Gartley pattern may occur when drop to 1.0175.
There is also a support zone at 1.0070-1.0220.
(In this support zone, there was a rebound in Oct 2020, Mar 2018,...)
Long after pattern generation and seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Perfect automated detection of Shark PRZ - LongA Bullish-type big Shark pattern may occur when drop to 1.0485.
There is also a support zone at 1.048-1.054.
(In this support zone, there was a rebound in Feb 2022, Sep 2021,...)
Long after pattern generation and seeing the rebound. At that time, be careful of re-inversion in the resistance zone of 1.063-1.066.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Chikou Span Breakout: Long CADSGD (H1)Daily Chart: Bullish
H4 Chart: Bullish
H1 Chart:
Price is ranging as depicted by the yellow box.
Bullish Tenkan-Kijun cross but both are flat. Even the Senkou Span A and B are both flat.
However,
1) Chikou span breaks out of the range
2) Chikou span > Price
3) SL is placed at the lows of the yellow box or fractal levels.