SGDUSD trade ideas
Rupiah and S.E.A Currency : WeakestRupiah is the weakest currency in South East Asia.
Even though Indonesia relatively has lower Debt to GDP Ratio amongst SEA countries, Indonesia's reliance on import and lack of export variance might be the risk aspect.
However, Indonesia's economy that mostly based on Consumption might be healed relatively quick compared to other SEA Countries that rely on global trade (such as Singapore).
Using Ichimoku Approach for UsdSgdI have been studying the Ichimoku strategy and appears to be a good entry here for this pair. I am using structure along with the strategy as shown. Wish me luck =)
USD/SGD ; Buy on the Pullback ConfirmationDescending Channel pattern forming in smlall time frame we can see soon uptrend after pullback confirmation.
ThankYou
Potential Long till support hold...: USDSGDHello Traders ,
Price has broken above short term trendline and we can see support with potential double bottom , look for long setups till support holds..
In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan .
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USDSGD ShortHTF: Daily
ITF: 240Min
LTF: 30 min
based on the picture on the higher time frame it clearly shows that we are in downtrend based on that i tried to catch the wave. our zone is on 30 min
Buy USDSGD breakout T-Line and retestSupport level 1.41000 and above 50MA
T-Line breakout and retest
BUY and the price will retest previous high.
JUST FOR IDEAS!!
DISCLAIMER!!
This is for general information purposes only. It is not investment advice or an inducement to trade.
USDSGD short trade ideaPlan : 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 like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
4H USD/SGD LONGOn the Monthly chart, we have a movement from the bottom support zone to the mid-range support zone.
Weekly chart we have clear successive upward impulses and now we have exhaustion down to a daily and 4H buy zone.
4H chart I see a bullish channel and a bounce off of the 4H and daily support zones for a long opportunity.
USD/SGD goes downThere is a cypher pattern on 1hr and the direction of the market is down
Just took a short for 1:2.5 trade
SGD/USD a wee bit more to goI am waiting for SGD/USD to hold above 0.6876 before starting higher.
Quite likely, the upwards correction will eventually reveal itself to be partial and a new corrective wave sequence will likely commence.
Short term; short
medium term; long
long term; short
USDSGD, SellDisclaimer!!! 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 like i do, please write it in comment so we can manage the trade together.
every trade must comply with money management, and the risk does not exceed 2% of the capital.
___________________________________________________________________________________________________________________________________________
Thank you for your support ;)
Jonny
USDSGD, Sell On H4Disclaimer!!! 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 like i do, please write it in comment so we can manage the trade together.
every trade must comply with money management, and the risk does not exceed 2% of the capital.
___________________________________________________________________________________________________________________________________________
Thank you for your support ;)
Jonny
USDSGD LongExpecting a wave up to complete C wave before further downside
Watch on lower time frame when price meets trend line
