SGDUSD trade ideas
USD/SGD LONG OR BUY IT , PATTERN SHS TARGET VERY GOODUSDSGD has confirmed a good pattern SHS.
BUY : 1.39700
TARGET : 1.40800
STOP LOSS : 1.39370
Wish you good deals!
USD/SGD breakout H&S pattern and retestBreakout H&S pattern and retest
Above 50MA formed HH/HL
Prefer to buy
TP: 1.40000 level
JUST FOR IDEAS!!
DISCLAIMER!!
This is for general information purposes only. It is not investment advice or an inducement to trade.
A 300 pips Setup a High Quality trade for USD/SGD the Fib 0.61 has been tested we have to wait for next pullback + Rejection candle on support level before price action.
please like and comment share your thoughts with us
USDSGD: Important Breakout & Bullish Continuation
Singapore Dollar broke above the resistance of a falling parallel channel.
The breakout was confirmed by 4H/1H candle close above.
After a retest of a broken line, we see a positive reaction and based on that I assume that the price will keep growing.
Next goals for buyers:
1.393
1.396
good luck!
The Singaporean dollar eyes the lower support levelThe Singaporean dollar eyes the lower support level and locks in with determination to drag the US dollar. Bearish investors are taking advantage of the risk sentiment in the global market that’s causing the safe-haven appeal of the US dollar to crumble in sessions. The US dollar to Singaporean dollar trading pair should continue its downward track in the market and eventually hit its lower support level later this month. However, the reopening of the economy amidst the rising number of cases leaves the Singaporean dollar very vulnerable. If things turn south, the Singaporean dollar could lose its grip against the US dollar. Just this Wednesday, the strong yet small country reported more than 450 new confirmed coronavirus cases including seven cases in the community. The preliminary daily update of the Singaporean Ministry of Health states that the number of confirmed coronavirus cases in the country is now around 38,965.
My predictions for USDSGD UpdateGood morning all. I just wanted you all to know that I've been stopped out from this trade w/my SL.I lost about $117. If i hadn't placed my SL then I'd have loss even more. It's very crucial to have SL in your trades.
I''m going to look for another pair to trade. And just so you know; I don't take trades twice with the same pair back to back.
USDSGD look for correction to be complete and add to the sellHi everyone:
USDSGD has similar continuation correction forming just like my analysis on USDCAD.
Curerntly its still in a developing stage, so I will be patiently waiting for the correction to be finished.
Ideally we get the price to move up more to complete the pattern, and I will look for lower time frame correction for entries.
Thank you
My predictions/entry for USDSGDI've taken this trade about 12min ago and I'm going long. I've placed my SL & TP respectively. I'll not move them. As a swing trader, I'll leave my trade open till it hit my TP or it reverses. I'll be moving my SL as it goes in my direction.
All of my published ideas for any markets are educational purposes only. So, please take trades at your own risks... Thanks.
USDSGD ANALYSISUSDSGD reached AB=CD pattern target at 161.8% fibo and rebounded from level 1.39500
MACD shows bullish momentum
RSI broke downtrend line
so its expect bullish movement to key level and 50% fibo around 1.41000 then bearish movement from the key level to demand zone around 1.38000
