GBPSGD trade ideas
GBPSGD approaching support, potential for a bounce!
GBPSGD is expected to drop to 1st support at 1.72191 where it could potentially react off and up to 1st resistance at 1.73065.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPSGD Entry Price 1.7079 Entry Price 1.7144 Target Price 1.7379GBPSGD Horizontal Support Resistance Breakout
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!!! THANK
Analysis on GBPSGD 6.09.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7085
• Take Profit Level: 1.7200 (115 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7000
• Take Profit Level: 1.6950 (50 pips)
USDJPY
A possible long position at the breakout of the level 107.25
EURUSD
A possible long position at the breakout of the level 1.1050
USDCHF
A possible long position at the breakout of the level 0.9880
GBPUSD
A possible long position at the breakout of the level 1.2355
GBPSGD LOOKING FOR BUY Right now is a low risk trade
price hit week support again at 1.6914
over the last 3 hours since japan open price showing upwards travel
you could go long when price is in Purple box
But would keep stop loss around 1.6910 depending on how much risk you are willing to take.
Your take profits should be 1.6960 and 1.7000 (yellow lines)
If first take profits hit take another buy and hold till either second take profit hit or you are back at break even calculate the stop loss well for break even, you can maximize earnings like that.
Trade Smart People.
Don't miss the great buy opportunity in GBPSGDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6908). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPSGD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 1.7118
TP2= @ 1.7250
TP3= @ 1.7525
SL= Break below S2
Don't miss the great buy opportunity in GBPSGDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6908). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPSGD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 64.
Take Profits:
TP1= @ 1.7118
TP2= @ 1.7250
TP3= @ 1.7525
SL= Break below S2
GBPSGD is near 33-Months Low!!!We can open BUY in marked Zone at the begining of trading session in Monday because:
- The price is near 33-Months Low 1.66716.
- Weekly candle made a fake breakout of this level and it's a huge pisibility to close above.
- If GBPSGD will bounce from this Low we will have great trade with sweet risk/reward correlation.
GBPSGD Fibonacci Trade Entry Level and Stop Loss LevelGBPSGD | Enter between 0.618 and 0.786 of the Pin Bar for Fibonacci Level Trade Idea. Stop Loss at the 1.618 Level.
GBPSGD 2h AutoUFOs™ Trade Alert! 18 July 2019Buy Limit @ 1.6885
Protective Stop Loss @ 1.6830
Take Profit @ 1.7035
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 2h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
GBPSGD 2h AutoUFOs™ Trade Alert! 18 July 2019Buy Limit @ 1.6885
Protective Stop Loss @ 1.6830
Take Profit @ 1.7035
Rationale:
Buy Un-Filled Orders (Green UFO ) available in the 2h time-frame
Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
Higher time-frame moving average values or Fibonacci retracements coinciding with the entry price
Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
GBPSGD, Waiting for BUY signalThe price has broke 7-Month Low and after pull back to Buy Zone above key level 1.70100 we can open long position with low predictable risk.
Take profit in 3...5 times bigger than stop loss
GBPSGD, Waiting for BUY signalThe price has broke 7-Month Low and after pull back to Buy Zone above key level 1.70100 we can open long position with low predictable risk.
