SGDCHF trade ideas
MA's didn't cross over.All looked good here, but was I too conservative not taking it because the MA's hadn't touched. Is this an example of it being "close enough" and take it with discretion?
Wait for the breakout and then sell for long targetCHFSGD is going to breakdown, Do not go for aggressive entry, wait for breakdown and then sell. good luck
QuestionQuestion: Should I put a stop at breakeven once the market has created 4 hour candles above the structure? Assuming this is a short trade.Thanks
CHFSGD SELLCHFSGD supply will come into play at 1.5040, once demand 1.4950 is taken out then we could see bearish ralley to 1.4650.
Short SGDCHF - DailyHi all,
We have significant selling pressure on SGDCHF which allow us to short this wonderful pair.
As always, take profit 50% and trail out the rest
Regards,
Pcube
CHFSGD AnalysisWe will be looking for price action on this area. Then after confirmation we will enter for sell
CHFSGD - Forecast on Daily - Cup and handle patternCup and handle pattern
wait pullback with signal BUY
or break neckline
Two Long Entries for CHF Pairs: CAD and SGDCurrently, watching these two pair correlations on Forex, I think both of them are due for a similar type of positive wedge correlation given there entry price. I am long looking at the patterns right now. Right now I think the setup is quite intriguing. That being said, everything I say is on an opinion based basis. Invest at your own risk. Please proceed with caution and do your own due diligence.
CHFSGD Buy SignalPattern: Channel Up.
Signal: Bullish as the price is near the Higher Low trend-line of the Channel with a bullish MACD.
Target: 1.5140 (previous Higher High Resistance) and 1.5930 in extension (only if you want additional long-term risk).
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Previous CHFSGD signal:
Form a triangular patternIn the CHFSGD currency pair chart, we see a continuous triangular pattern. That's why we expect to see a sharp drop in the price of the CHFSGD currency pair if the price goes down from the triangle.
The price is likely to drop to 1.45387 and you can put your target there. If you can't risk much, set your first target to 1.46000.
Note that the condition for activating this signal is the price exit from the triangle pattern to the bottom.
