38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS.
EURSGD trade ideas
EURSGD potential reversal!
EURSGD expected to rise up to 1st resistance at 1.59182 where it could potentially react off and drop down to 1st support at 1.56847.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURSGD Short : - % 0.89Parameters :
Position Size : % 0.5
Risk/Reward Ratio : 2.98
Stop-Loss : 1.5758
Goal : 1.55713
Zoom in :
*** NOTE :
Since the gain shears narrow, entry with half the standard position size is recommended.
If EURSGD is below 0.618,higher targeted trades will be shared.
EURSGDRare pairs :This correction may copmlete or might take even longer so a buy stop will be recommended to catch the sharp move up.
EUR/SGD short/sell idea. almost 350 pips move...in the name of ALLAH who is most merciful and the master...
Bullish Setup on the Pullback for EURSGDThe pair is looking to do a pullback before continuing with its bullish movement which has been dominant for the month.
All time frames down to the 4h are with confluence with the big money movers.
The strategy is to wait for the pullback and confirmation before going long with stop just below the major liquidity zone.
First TP zone would be the mid of the swing high and we can trail our stop until our TP reaches the most recent swing high.
This gives us a minimum of 1:2.4 RR Ratio.
EURSGD Fourth Retest of a Key Resistance LevelAs you can see on the chart, the pair is currently on its fourth retest of this key resistance level. If we drill down on the Daily chart, the most recent candlestick is a doji which shows indecision.
However, if we look at the stochastics and the RSI, both are going to the overbought areas. With the addition of a key resistance level, these signals are quite significant.
If we go up to the weekly chart, both indicators say the same story.
EURSGD approaching support, potential for a further rise!
EURSGD approaching support at 1.50343 where it could potentially rise further to 1.51156.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURSGD potential reversal!
EURSGD expected to rise up to 1st resistance at 1.51143 where it could potentially react off and drop down to 1st support at 1.50565.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURSGD ShortEURSGD pair is sitting at the descending trendline on weekly
rejection have been formed at the zone where demand became supply
Good RR on this trade
EURSGD. Now the price will go down.Hello dear subscribers!
In February, the European currency broke through the resistance zone at 1.51200.
it's time for the price to go down.
The price will fall and strive for its target.
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This idea does not provide the financial advice.
EURSGD approaching to strong Support Level!..I will open Buy in marked zone because:
- the price in close to the strong Support Level;
- it was bounced from that Level several times in different years;
- potential profit will be in 3...10 times bigger than risk.
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BUY EUR/SGD WE ARE IN THE C WAVE OF THE A-B-C STRUCTURE OF ELLIOTTE WAVE PRINCIPLE. WE ARE EXPECTING AN UPWARD MOVEMENT TOWARDS 1.5015 .
EURSGDLooking for the equal lows to be taken on this pair note this is daily timeframe (long term sell) so need those sell entries on lower times
eursgd price already started moving upwards go longwe are entering at the middle so when price makes 30pips breakeven to be risk free.
EURSGD: Bullish Butterfly + potential double bottomEURSGD: Bullish Butterfly + potential double bottom +++ with a potential range trading setup.
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