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!!! THANKS.
JPYSGD trade ideas
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!!! THANKS.
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!!! THANKS.
SGDJPY exepcting higher bearish continuation technicaly based
ENTRY: 77.300
TP: 76.800
TP2: 76.400
TP3: 76.000
SL: 77.900
Chart time frame - 1D
Time for reaching TP - 1-2D
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Potential Correction on JPYSGD?Looking at the trend pattern, there's a potential that the price will go up to the Wave 5 which might signal that there's a potential that the trend is approaching its end and could result in a correction or a reversal.
Looking at the daily chart, we see the price rally beyond the 0.0129 resistance zone but clearly gets rejected which signals that the bulls are having a hard time pushing the price up.
Moreover, both the stochastic and the rsi are currently at the overbought zone which give confluence to our analysis.
SGDJPY analysis1. W1 shows a somewhat sideway trend with a minor downtrend forming
2. D1 shows that it is currently in the demand zone
3. Wait for colour confirmation then enter a long trade
4. Take profit at 80pips with stop loss at 40pips
buy sgdjpy Buy sgdjpy however wait on retracement as indicated on my chart ,you just buy limit the order and wait on price to trigger your buy limit trade your stop loss at the beginning of the new trend (head)...best of luck
SGDJPY SELL THIS MARKET HAS CAME BACK TO A VERY KEY LEVEL WHICH IS SUPPORT HOWEVER AM LOOKING AT THE SELLING MOMENTUM FROM LAST WEEK TO ME THIS INDICATES THAT BEARS MIGHT JUST DRIVE THE MARKET EVEN LOWER. WATCH THIS LEVEL FOR POSSIBLE SELLING OPPORTUNITY.
SGDJPY, The best place to Sell...The price approaching Resistance Level 82.883.
The best place to Sell will be under that level.
Potential profit will be in 3...5 times bigger than risk.
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Possible SGD/JPY short Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Chart time frame - H4
Timeframe - 2-3 Days
A – Activating Event
Market will meet resistance in zone @ Current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 80.00
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 80.00
Target 2 @ ....
Risk/Reward @ 3.5.1
Happy trading :)
Follow your Trading plan, Remain disciplined and Keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
WAVE 3 OF WAVE C OF WAVE B WAVE 3 OF WAVE C OF WAVE B
TECHNICAL SL AND A REDUCED SL, WITH LESS RISK BUT WITH GOOD CHANCE OF NOT BEING TOUCHED. TAKING THE GUIDELINES OF THE TRIDENTS : IF AT THE BEGINNING OF A TRIDENT OF ONE HARMONIC (GARLEY IN THIS CASE) A 5-WAVE IMPULSE BEGINS, THE PRICE HAS 80% CHANCE OF REACHING THE CENTER LINE (DOTTED RED) AND NOT BREAKING THE SIDE LINES.
ONDA 3 DE LA ONDA C DE LA ONDA B
SI EL PRECIO TOCA LA LINEA LATERAL DE TRIDENTE , PROBABLEMENTE TOME OTRA ENTRADA.
SL TECNICO Y UN SL REDUCIDO , CON MENOS RIESGO PERO CON BUENAS PROBABILIDADES DE NO SER TOCADO . TOMANDO LAS GUIAS DE LOS TRIDENTES : SI AL INICIO DE UN TRIDENTE DE UN DE UN ARMONICO (GARLEY EN ESTE CASO) EMPIEZA UN IMPULSO DE 5 ONDAS , EL PRECIO TIENE 80% DE PROBABILIDADES DE LLEGAR A LA LINEA DEL CENTRO (ROJA) Y NO ROMPER LAS LINEAS LATERALES DEL TRIDENTE .
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!!! THANKS
SGDJPY sellsFundamentals:
Recent JPY strength
Technicals:
Downside breakout-retest on D1, with a bearish gartley.
Fibonacci 50% and resistance is being met.
What can cause this trade to fail?
JPY may implement further measures to ease their economy and devalue their currency.
JPY depreciation will cause SGDJPY to rise.
