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JAPANESE YEN / SINGAPORE DOLLAR

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JPYSGD trade ideas

SGDJPY - Potential Bearish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow. SGDJPY is sitting around a weekly resistance in blue so we will be looking for sell setups on lower timeframes. on H4: SGDJPY 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. (projection in purple) Trigger => Waiting for that swing to form then sell after a momentum candle close below it. (gray area) Until the sell is activated, SGDJPY would be overall bullish and can still trade higher. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
15
💡Don't miss the great buy opportunity in SGDJPYTrading suggestion: There is a possibility of temporary retracement to the suggested support line (81.228). . If so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 59. Take Profits: TP1= @ 81.778 TP2= @ 82.118 TP3= @ 82.447 TP4= @ 82.768 TP5= @ 83.302 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 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 ❤️
Long
by ForecastCity_World
21
💡Don't miss the great buy opportunity in SGDJPYTrading suggestion: There is a possibility of temporary retracement to the suggested support line (81.228). . If so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 59. Take Profits: TP1= @ 81.778 TP2= @ 82.118 TP3= @ 82.447 TP4= @ 82.768 TP5= @ 83.302 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 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 ❤️
Long
by ForecastCity
7
SGDJPY looking for recent highs 🦐SGDJPY after breaking the 1st resistance is consolidating between 2 structures. The market is following an ascending trendline and according to Plancton's strategy, if the conditions will be satisfied, we can set a nice long order. ––––– 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.
Long
by InkyGrip
2
SGDJPY on the retest 🦐SGDJPY after the break above is currently retesting the structure. According to Plancton' strategy if the conditions will be satisfied we will set a nice long order. ––––– 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.
Long
by InkyGrip
6
SGDJPY Sell SetupHello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: SGDJPY is sitting around the upper brown trendline so we will be looking for sell setups on lower timeframes. on M30: SGDJPY is forming a channel pattern in red so we are waiting for a new swing to form around it to consider it objective/valid. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still break above the brown trendline to test the 79.0 green resistance before going down. As price approaches our lower blue support and lower brown trendline, we will be looking for buy setups. Good luck!
Short
by TheSignalyst
37