Buy to R3 - 40 pipsI am long on this thing...tight stop, 10 pips below monthly middle pivot (MR1) which is at 1.40729
SGDCHF trade ideas
CHFSGD [W1C] Short setup with a tight SL.SAXO:CHFSGD
Setup void if current Weekly supply is violated.
Can work with a tight SL above the current marked supply.
CHFSGD Long term Sell SignalPattern: Channel Down on 4H.
Signal: Bearish long term as the price was rejected within the 1M Resistance Zone.
Target: 1.3700 (contact with the 1D MA200).
{CHFSGD} Short Trade opportunity.In CHFSGD We have Found Double Top pattern with bearish pin bar candlestick pattern.
Here we have 248 pips Risk and 824 Reward use only 0.01 Lot.
this trade is only for risk Taker.
Sale : 1.4143
Target : 1.4098
Target : 1.4048
Target : 1.3686
Target : 1.3316
Stop loss: 1.4388
The Pin Bar Pattern (Reversal or Continuation)
A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called is defined by a long tail, the tail is also referred to as a “shadow” or “wick”. The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails.
Double Top pattern
forms after an asset reach a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs
Note: This is only for Educational Purpose this is not Investment advice.
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Thanks
Adil Khan.
CHFSGD Education I do trade this pair.
We see 2011 Forming a high and in the future 2015 that old high in 2011 taken out before a rapid drop. Price will always target the recent Highs or Lows were there is a lot of Liquidity.
Buy Stop label we see a double top before going lower & SELL Stop label showing a double bottom before upward price movement.
Yellow Highs and Lows price must reach those zones sometime in the future can be days, weeks or years. Once you spot which Low or High is the target you can follow the trend just like what we are seeing in GBP pairs
CHF been storng expecting some buying movements but seeing another test at the highs so will see what happens
looking for a pullback to the resistant zonelong trade, dont take this trade it is for my own analysis
FOREX CHF/SGD sell signalsCHF/SGD, Daily chart: 2 years long resistance zone + Inside Bar + Overbought on RSI(14) + Side of Bollinger bands (20,2)
Goodluck Buyersi base my trade using pivot and trend.
this is not a trade signal but a personal chart and journal.
trade at your own risk (please have a money management)
but feel free to follow and comment.
CHFSGDPlayed out nicely hit tp 62pips and still went lower. SL never tested
Looking for a lower move to the OB then a possible buy
s3.tradingview.com
CHFSGD Sell conditionPattern: Resistance rejection on 1W.
Signal: Bearish if the 1D Support breaks.
Target: 1.3450 (risk seekers can extend as far as the 1W Support).
CHFSGD looks set for a shortThe price tested resistance. This is evident when using the kijun bounce strategy. But looking at just price action we have a 1.37 - 1.38 zone
Bollinger Band Top + Stochastic RSI TopLooking good for a short here. Top of the Bollinger Band and top of the STOCH RSI.
CHFSGD Buy SignalPattern: Emerging bullish channel on 1D.
Signal: Bullish as the price rebounded on the 1W Support and broke the 1D Resistance to start a new medium term uptrend.
Target: 1.4200 (just below the 1W Resistance Zone).
CHF/SGD 4-HOUR TIMEFRAME LONGPrices on the CHF/SGD broke out of a interim downtrend on the daily chart, and we can anticipate further upwards movement. Price could find support on the 1.3650 if it forms a correctional structure in the form of a bear flag pattern, and then continue higher. Proper risk management is key especially when trading exotic currencies since there are huge margin requirements and they can be very volatile.
