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Singapore 30

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SG30SGD trade ideas

Asian stock market looking strongPlaced a buy order on the Singapore 30 last week as price has continued to show strong bullish momentum. Price not only broke past its bullish order block at 291.95 but it also give us a breakout on its downward fan showing that it is going to continue to push to the upside. Buyers should look to add more positions once price either breaks above its key level of resistance at 312.43 and holds it as support or, once price gives us a corrective retest at the order block at 291.95. Buys will be invalidated if price breaks below the bullish order block. TP - 377.14 SL - 283.76
OANDA:SG30SGDLong
by MngomezuluCapital
Strength Should be seen in Some Time. Inverse Head And Shoulder- The inverse head and shoulders is a technical chart pattern that signals a potential trend reversal from a downward trend to an upward trend in the price of a security or asset(#Copied from Google.) Wait For retest when it will come to test this level again. But the chart is on Weekly Timeframe so it is showing strength. All the best. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
OANDA:SG30SGDLong
by Anany_shringi
SG30 Price Forecast Asia’s current situation is showing a great bear sentiment in the market as the debt contagion continues to spread throughout Southern Asia. Our view for Asian Indexes is that the governments are using every tool/resource available to prevent a financial collapse by enacting a very bold and expensive initiative to expand trade and other infrastructure projects across the newly developed world. SG30 is looking very good for a short trade, to reach the previous support levels. Target prices : @263, @238 and @203 $ Stop loss : @299$ Please be aware of the fact that this is just a forecast and due to the volatile market conditions, can be changed. Always consider your own risk:reward ration before entering a trade. Stay safe !
OANDA:SG30SGD
by alextradesx
Strait Times Index PlanI know there are a lot of levels I look for bullish liquidity there. It is only because the market presented me with a lot of levels to "play" with. I am technically bullish on the Singapore Dollar (SGD) in spite of the recent easing policy of the currency. There is a positive correlation between the SGD and the STI it seems at the moment hence I am looking to speculate this index to move to the upside. I am looking for business at one of these levels I have marked on the chart
OANDA:SG30SGDLong
by sufiansaid