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
SGDUSD trade ideas
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.
_____________________________________________________________________________________________________________________
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
USGSGD will continue to fall Here's the only basic technical analysis used.
1) Fibo
2) SMA 200
3) Chart pattern
Ok we found a triangle and it is breakthrough the support + Fibonacci 50%
By theory, the breakthrough of the triangle will gain 1:1 .
That's all for me.
USD/SGD Long Trade - Entry 1.43500Stop Loss = 1.42088 / Take Profit = 1.47731 > Coupled with a 1% risk with 3% reward.
Once the trade reaches a 2:1 point move SL in front of opening at a 1:1 point to mitigate risk.
Keep Chasing that Paper!!!
