SHORT EUR/SGD setup Price may move down from this level.
This is not financial advice, Please do your own DD and RM.
EURSGD trade ideas
Short EUR/SGD (Short term trend analysis) Going into the start of the new week I propose to short this pair. Through this short analysis and other indicators that have been considered, i find that the pair can be shorted , for a gain to 1.54 zone which is found at a previous support level for this pair. Descending channel also highlights the bias that i have for this pair.
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This is not financial advice , please do DD and RM.
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EURSGD Swing longA daily break and close above, then retest of structure would present a good opportunity to capitalise on the possibility of creating a higher high on the weekly time frame; targetting the 127.2% fib extension of the weekly retracement!
EURSGD Sell SignalPattern: Channel Down with a long-term bullish Channel.
Signal: Bearish as the MACD is on a negative cross.
Target: 1.5500 (short-term) and the 1D MA200 (long-term).
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EURSGD [1HR.] Easy Wait for confirm to sell it 💥💥💥💥EURSGD Easy Wait for confirm to sell it 💥💥💥💥
Cheer it :😍😍😍😍
1. Resistance ▶▶▶ 1.572XXX
2. Support ▶▶▶ 1.567XXXX
🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢
Falling WedgePotential falling wedge with continuation on the downside. Small position, but worth noting. TP at 1.5600 SL at 1.5657
TheHonestTrader
EURSGD rejected by historical trend line 🦐The market after the recent rally got rejected by the historical trend line in red.
Now the price broke and retested the support line and currently trying to break the structure at the 0.382 fib level.
IF the market will mange to break the structure we can set a nice short order according to our rules with a possible target around 1.551 or 0.618 golden ratio.
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Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
