SGDCHF trade ideas
SGDCHF is also in Recovery.A similar picture to its Euro pair counterpart. A recovery with a massive drop pattern. This one looks like it's running just ahead of the SGDCHF assuming both pairs to reach same end points fractally. A larger zigzag or flat is forming, I believe.
CHFSGD shortCHFSGD is rejecting daily resistance, the resistance of about 32 candles in the 4h period has already declined down, you can see that the 200 MA line is oscillating steadily across. So at the moment the pattern is above 50 MA so I don't see any clear starting point, however as there is a head and shoulder pattern I suggest you get a short oder if the neckline is broken.
Due for a local pullback on CHFSGDIndeed, it is wave 4 after all. Goals are in purple, invalidation in red. And ofcourse, as always, do not take anything I say, including this update, as financial advice. I may be scoring 70-75% success on my predictions, but this does not mean you should listen to what I say. In any case, do you own research always!
CHF/SGD - Careful position entry - ShortShorting this pair from the current zone. I don't see CHF strengthening.
Thanks for viewing! This is not financial advice, please consider your own Due Diligence and Risk Management.
CHF/SGD TRADING IDEAPlease support this idea with LIKE if you find it useful.The information is not financial Advice. DO BUSINESS AT YOUR OWN RISK.
CHFSGD can break below 🦐CHFSGD on the daily chart is moving inside a descending channel.
The price hit and got rejected by the upper trendline around 1.50 level and hit the ema21.
On the 4h chart the market hit the lower trendline of a minor descending channel.
IF the price will break below the minor structure at 1.49200 we will set a nice short order according to Plancton's strategy.
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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.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Chf/sgd lovely jubbly. More downfall to followEurope is under increasing pressure. Asia is doing fine with covid. Logical step is to continue to short !
Thanks for viewing! This is not financial advice, please consider your own due diligence and risk management.
CHFSGD looking for bear power 🦐CHFSGD on the daily chart bounce at the top of the desceding channel at 1.50 area.
The price on the daily chart turn into a bearish scenario.
IF the price will close the 4h candle below the support structure at 1.49400 we will set a nice short order according to Plancton's strategy.
–––––
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.
Chf/sgd -short potential.Trade will provide us with good RR. Will open at open when the technicality of the setup is right.
Thanks for viewing! This is not financial advice, please consider your own due diligence and risk management.
DON'T MISS THIS!MULTI TIME-FRAME ANALYSIS DONE.
TRADE SHOULD ONLY BE TAKEN IF IT FITS YOUR IDEA OR PLAN.
TRADE SMART.
DONT MISS OUTMULTI TIME-FRAME ANALYSIS DONE.
TRADE SHOULD ONLY BE TAKEN IF IT FITS YOUR IDEA OR PLAN.
TRADE SMART.
Chf/sgd -short potential.A potential trade i will be looking at to trade.
Thanks for viewing! This is not financial advice , please consider your own Due Diligence and Risk Management.
