SGD/JPY shortTrend reversal, we did reach out to the trend line where we get rejected. Bearish divergence on weekly w RSI.
JPYSGD trade ideas
🟢 SGDJPY - 4H (09.11.2022)🟢 SGDJPY
TF: 4H
Side: Long
SL: ¥103.727
Entry: ¥104.02
TP 1: ¥104.254
TP 2: ¥104.471
TP 3: ¥104.740
SGD is gaining strength as JPY is going through correction.
SGDJPY SHORT | ASSIGNMENT | WEEK 5SGDJPY is going short at the resistance because of the formation of bearish candles and also the current candle seems like making another bearish candle.
sgd/jpy short dailly timeframehey and good luck for everyone
divergence in daily timeframe
first target is 100.500
and maybe 95.600
SGDJPY LongHey traders, in today's trading session we are monitoring SGDJPY for a buying opportunity. As it is fulfilling the criteria of dow theory. So this is the confirmation to jump in.
short sgd/jpy 15 mingood morning all market down trend bearish market also resstence daily timeframe
sell to hit target
tp= 100.800
sgd/ jpy short daily timeframe hey all we have in sgd/ jpy bearish also have in macd big divergence in macd down but in chart style up
its great oppotunity to sell to hit targrt
target 94.300
SGDJPYHELLO GUYS THIS MY IDEA 💡ABOUT SGDJPY is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this long position..
and when the price come back to this area, strong buyers will be push up the market again..
UPTREND + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Difficult decisions The bot signalled a double confirmation long on SGDJPY but looking at the chart I have my doubts. USDJPY is clearly the stronger of the two and has moved back above the inflection level, where as SGD is looking weaker after falling below INF and showing some bearish price action.
Interestingly however USDJPY didn't signal from the bot, so the difficult decision is to trust the bot and enter SGD or go without a clear signal and buy USD?
Neither trade really fits into my playbook, so I'm sitting on my hands for now.
SGDJPY JUST CONFIRMED OUR SHORT OVERVIEWCLASSIC KINGS CROWN REVERSAL PATTERN
We have a retracement of 61.8. General Rule 38.0/50.0/61.8 retracements targets are 1.618 Projection. Here we are looking to terminate just before that Level.
SGDJPY: Early Bearish BAMM Entry 15 MinuteWe have a Head and Shoulders on the RSI that if performs well would signal a Lower High Double Top and have us break below the B level then accelerate price down to the 88.6% Retrace below.
#week07assignment #RafayShort position taken due to following observations;
1. Bearish trend as per Dow theory
2. Respect of 0.618 Fibonacci Level
3. Bullish AB=CD not found
SGDJPY $SGDJPY Continuation LongSGDJPY $SGDJPY Continuation Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
SGD/JPY Forex OpportunityThe market is in inclining position there is opportunity to make some profits by riding the trend.
There was clear opportunity as the market was rising.The trend was inclining so there was an opportunity to make some profits.
Took Entry at 98.477 at 2022-06-21020:48 PST
Raised the SL to 98.59
Target Profit: 99.50
Buy Volume: 3.01
Net Earnings before trend changed $ 248.97
SGDJPY SELLJune 13th is futures contract expiration. I'm expecting some major volatility for Yen this month. SGDJPY must break 90.750 area to confirm a reversal. In the event of a reversal, I'm targeting 86.000 area.
SGDJPY $SGDJPY Initial LongSGDJPY $SGDJPY Initial Long. SL and TP on chart. 10-30x leverage. Move SL on TP.
SGDJPY 3H SELLSGDJPY had Previously forms (BOS) and Now testing the ORDER BLOCK Area Where the Institution Sell Orders are Placed.
So That's why We are seeing SGDJPY Going Downside
SGDJPY at PCZ of Bearish Gartley with Bearish DivergenceGoing to be looking for this to reverse and give us about a 70% retrace in the coming weeks i also believe we will see similar action on the USDJPY pair.
