USDSGD trade ideas
Take Profit: 1.36933 (USDSGD)Price closed above diagonal resistance. Diagonal resistance becomes support after price closed above level.
USDSGD on watchLook for break down or a bounce here. For break below, 1.351 should offer some support
USDSGD : Anticipation for next weekDaily did a liquidity sweep and created an OB+
We are now waiting on H1 for this bullish OB to be retested to give us an H1 bullish trade.
GLGT
USDSGD | Bounce from SupportUSDSGD has bounce from the support zone and bulls are all ready to peak the price again. One should adop buy on dip strategy as long as it is above the support zone. Break of which would result in bearish trend.
Trade your levels accordingly.
USDSGD Good Sell Setup (swing trade)USDSGD structure is bearish, with a potential H&S developing on the chart. price is converging in falling wedge pattern. i think this pair
will retrace back to resistance area marked on the chart, however, there's a huge possibility price can reject to a break candle I marked down. but overall, i am sell biased on the pair. Good luck!
USDSGD, macroviewNext 3 years would be bullish years for USDSGD. It seems another criminal inflation waits SGD. Good luck in trades, buddy.
USDSGDtha small trend line is broken and there is a double bottom pattern confluence with fibo 38 and 50 u can take buy at the neck line if u see candlestick pattern
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USD/SGD Weekly Outside barWeekly Long trade on USD/SGD
Nice Outside Bar formed on the weekly looking to Long
Enter @ 1.35213(retracement to 61.8)
SL @ 1.34615
TP1 @ 1.36781
TP2 @ 1.37379
💡Don't miss the great buy opportunity in USDSGDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3463).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 1.3508
TP2= @ 1.3549
TP3= @ 1.3605
TP4= @ 1.3668
TP5= @ 1.3713
SL= Break below S2
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💡Don't miss the great buy opportunity in USDSGDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3463).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 1.3508
TP2= @ 1.3549
TP3= @ 1.3605
TP4= @ 1.3668
TP5= @ 1.3713
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
USDSGDUSDSGD is currently in a descending channel
Levels to look out for:
1.342 this is where the previous lows were at, price needs to bounce off this level strongly for it to climb back to 1.35 level.
USDSGD - long - Overall trend is bearish. The market is at a daily support zone, and has rejected it 3x. Could possibly be a double bottom forming, however its too soon to be certain. A pinbar rejecting candle and a doji have also formed at support on the 4hr tf. There is also a pinbar on the daily tf. If the double bottom is completed, I’m biased for a buy after the break and retest of the neckline, which also happens to be another daily s/r zone. I will hold off on trading, until I see more confirmation.
Short for formation parallel channelWaiting to when price touches upper end of a potential parallel channel
USDSGD - long biasDaily trend is bearish. The market appears to be breaking out of the immediate trend line. There is RSI divergence on the 4hr timeframe suggesting a change in direction. I’m biased for a buy to the daily trend line. Looking for the market to retest the broken out s/r zone.
USDSGDafter break support zone and pullback it look for sell setup
Please follow and like the idea for Support and More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love :)
USDSGD buyThe market is now finishing its correction. I'm trading up now. I have designated a buy zone. The price is already in the zone. I also marked target. I opened positions
USDSGDDue to the formation of a channel and the review of the price in high time frame, we expect the price to go down, and due to the weak movement of the market and the holidays, we are witnessing a slow movement.
USDSGD DESCENDING TRIANGLESHORT trade analysis on USDSGD .
Graph is looking bearish from resistance area - retest on Triangle breakout . Price completed Descending Triangle Pattern and already retested , which signalizes bearish continuation . Bearish Engulfing Candle also indicates sell on the chart. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
USDSGDOn the monthly we are coming out of a weekly buyzone. Looking for price to retrace the previous high. We are on the low side of the macd with it losing some momentum. It may take a while to reach its target. However, I need to focus on one chart that looked promising on the forex side of things. I don't need to trade everyday. I'm working on my discipline as a trader and am learning how important it is to just calm down. I like the DXY gaining strength towards the end of next year with interest rate hikes. I like the positioning of this chart. I will be patient and will update this chart as I see fit.
Not Advice. Good luck!
