Recovering SGDEURB/X wave in progress it seems, eyeing pivot barrier. Still short term bullish within a larger bearish pattern. This one is the one to strike, while the Iron is hot. I am watching this one from afar, while seeing this picture.
EURSGD trade ideas
EURSGD Powering up.The EUR/insert you favorite asian currency pairs seem to be doing fantastic here. EURSGD is no exception, as we are clearly in impulse. I 've annotated FibGoals in green, red is invalidation. Good luck all! This is not financial advice, please do you own research and for chrissake's think for yourselves.
EURSGD: Falling Wedge - BUYFalling Wedge
Please don't forget to FOLLOW, LIKE, and COMMENT ...
If you like my analysis:)
Thank you and Good Luck!
EURSGD long-term top-down analysisHello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: EURSGD is approaching a strong resistance in blue so we will be looking for sell setups.
EURSGD is forming a trendline in red, but it is not valid yet, so we will be waiting for a third swing to form around it to consider it valid.
Trigger: Waiting for a momentum ca ndle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish, and can still test the blue resistance before going down, in this case we will be looking for sell setups on lower timeframes.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
Keeping an Eye on the Bearish MomentumPrice on this pair has recently formed a series of lower highs on the daily chart.
Price is now making a new move lower and is looking to once again test the key daily chart support level.
This has been an important level in recent times with price rejecting it and moving back higher twice.
With the recent momentum building lower we can look for a new retest of this level and a potential break lower in the coming sessions.
