SGDUSD trade ideas
USDSGD Break-out Sell SignalPattern: Channel Down on 1W.
Signal: Bearish if a full 1W candle closes below the 1W MA50.
Target: 1.35000 (just above the Symmetrical Support Zone).
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Most recent USDSGD signal:
USDSGD short trade ideaon my previous idea, the setup was reached the stop-loss level and we are trapped inside a triangle pattern. ideally, this pattern might bring the price to go lower but we need more evidence before placing any sell order, here's the plan :
Plan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
USDSGD a sell opportunity 🦐 The market after being in a side range between the recent lows and the 0.382 fib retracement level is now looking for a break to the downside.
Price got the rejected already twice by the Ema 21 and now bull seem to be in power on all the major usd pair.
IF the market will break below the structure at the retest of it we can set a nice short order according with our strategy.
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Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
USDSGD is the correction over? Hi everyone:
USDSGD is also on my weekly watch list.
We see these type of structures repeat itself over and over again.
Price broke out of previous larger structure, and strong sell impulse down. |
Price begin to form a continuation correction, making the next sell a higher probability setup.
Now we need to wait and see if this correction is over now and we can see a breakout and continuation down to the lows, \
or price can tag the top once more, and in that case look for sell from the top.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
USDSGD short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Long possibility (already entered) on USDSGD.I entered this trade this morning (29-06 - GMT+2) with a long position, already in profit but I see a good potential for a further development. Be careful at the next resistance level at 1.39825 and at the 200 MA (the one in black in the chart), which could stop the uptrend at approximately 1.40200.
Let me know what you guys did in this one and if you already entered.
USDSGD 4D: SHORT IT from my level. 500+ pips. SL/TP inside.(NEW)Why get subbed to to me on Tradingview?
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USDSGD 4D: SHORT IT from my level. 500+ pips. SL/TP inside.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: USDSGD 4days/candle chart review
::: weak chart, more downside likely
::: rejection from overhead nice setup
::: looking for reaction/reversal from premium price
::: recommended strategy: SHORT IT. 4100.
::: SL 4200. TP1 +600. TP2 +700 pips.
::: for best results wait for pin bar H4
::: keep in mind this is SHORT/HOLD setup
::: do not expect fast gains also
::: mind the SWAPS
::: nice lower risk setup for a gain of 500+ pips
::: overall expecting decent action this week
::: so get ready to make money in this market
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
::: retail sentiment: N/A