EURSGD trade ideas
💡Don't miss the great buy opportunity in EURSGD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4968).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66
Take Profits:
TP1= @ 1.5128
TP2= @ 1.5196
TP3= @ 1.5299
TP4= @ 1.5401
TP5= @ 1.5511
SL= Break below S2
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💡Don't miss the great buy opportunity in EURSGD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4968).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66
Take Profits:
TP1= @ 1.5128
TP2= @ 1.5196
TP3= @ 1.5299
TP4= @ 1.5401
TP5= @ 1.5511
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURSGD, bearish hidden divergence possible soon.The EURSGD pair might show a bearish hidden divergence soon, please wait for confirmation from MACD cross though.
The last hidden divergence worked admirably well as indicated on the price chart. The horizontal yellow lines are showing area of support, very much respected as of recently.
On the fundamental side, the ECB, while increasingly hawkish, is definitely slower than the Singaporean central bank to tighten their monetary policy, therefore the fundamentals are also bearish.
This pair is an exotic pair, so pay attention to your broker's spread and swap rates.
EURSGD Trendline and 73 fibo zone long - Buy low!Buy low sell high the saying goes and what a great opportunity on this pair for just that. Plus meeting the rules for entry on a geometric trendline and fibo zone notably my preferred 73-78.6 for a nice correction long on the daily chart. Great risk reward on this one, that's what we like.
EURSGD a long call 🦐EURSGD on the daily chart consolidates over a strong support area.
The price recently broke the descending trendline and is now testing a daily resistance.
According to Plancton's strategy IF the price will break above and satisfy the ACADEMY rules we ill set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
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 the Plancton0618 strategy will trigger.