SGDGBP trade ideas
GBPSGD: Heading for the HighsIt looks like an up trend has started to develop. Looking to take profit at the Highs.
GBP/SGD - 200 Pips Short OpportunityA shooting star has formed and prices does not seem to be able to go any higher.
It's still currently in a long term bearish trend and we can expect it to fall further below if the current support is broken.
Trade with care.
GBPSGD long term long opportunityThe exotic pair is showing bullish strength over the past months.
Monthly and Weekly are in an uptrend. 2 bullish engulf patterns printed on the Monthly.
Price broke daily upward momentum, indicating correction phase has started.
Waiting patiently for price to return to Weekly demand zone.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
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GBPSGD BUY GBPSGD broke resistance line... expecting a support at the same area... then we will go for the buy
gbpsgd short term goalprice has now created two lower highs which indicates an end to the momentum of the gbp versus sgd
GBPSGD Position trade take 2Second reentry attempt. Will abandon trade idea if another loss
-21 Week ascending triangle
-Intraday breach of 1.833 which has proved a significant level
-Favorable R/R with stop set as intraday swing level
-Measured move up to 1.925
40 basis points intraday
An additional 40 basis points if R/R remains favorable at the daily close
*Not investment advice*
GBPSGD Position trade-21 Week ascending triangle
-Intraday breach of 1.833 which has proved a significant level
-Favorable R/R with stop set as intraday swing level
-Measured move up to 1.925
40 basis points intraday
An additional 40 basis points if R/R remains favorable
*Not investment advice*
GBPSGD Position trade-21 Week ascending triangle
-Intraday breach of 1.832 which has proved a significant level
-Favorable R/R with stop set as intraday swing level
-Measured move up to 1.925
40 basis points intraday
An additional 40 basis points if R/R remains favorable
*Not investment advice*
GBPSGD 1d reversal, sell retest. - After staying in a very tight range above the 1.82 handle.
- It finally broke down, reacted to 1.7800 - very strong reaction,
long wick.
- It also showed strong reaction when retesting 1.80.
- MA crossunder.
- Look out for 1.7800 if short.
GBPSGD SETUPHello Everyone, I am waiting for GBPSGD to make another bull wave to short from top of pattern. There is a good flag in development.
Bearish GBPSGD for the month of SeptemberI expect price to close below the moving average for the month of September.
I'll be looking for bear signals on the daily time frame.
Entries will have a stop loss but no take profit targets. Trades will be closed when monthly candle finishes painting.
Gbp/sgd bullish setupThese divergences appearing on all gbp pairs...if confirmed on monday the taget is overbought stochastics or the red line as a top...
GBPSGD BUY SETUPHello Everyone, I am buying GBPSGD in a conservative matter. I am already in but more opportunities for entry may appear in the form of pullbacks. This is risky so just move stops if you get a confirmation from your strategy to enter.
[watchlist] GBPSGDGBPSGD is in lowest prices in year, but price action still suggests there's still a wave 5 down, which will give us a higher (wave3-to-wave5 vs RSI) divergence to signal the reversal.
GBPSGD SETUPHello Everyone, this is the first analysis I ever place on an exotic currency. I am looking at a flag pattern forming, If this resistance is held then we can look into price making an impusle to ext. lvl. RSI is also showing divergence for added confirmation. Watch this pair for the big move, trade it safely, trade with a plan, stick to your plan and you will stay in profit blue! Show some support :)
GBP/SGD LongAlthough its in a bearish trend on the longterm, Ascending wedge + UK GDP Year on year data is released tomorrow -
Chart is self explanatory
Stop loss at 1.76
