USDSGD trade ideas
USDSGD - odds to 5% gains aheadSingapore dollar is tracing a primary wave 5 up that should elevate its quotation to the most probable target of 1.5. In case prices go below 1.386 this scenario should be void. FOLLOW SKYLINEPRO TO GET UPDATES.
USDSGD Elliot wave 5 pattern almost completeI have a feeling this is heading for the 5th wave of an elliot wave cycle?
USD/SGD LevelsHere is the color coding for timeframe:
A. Light Blue: Weekly Levels (W)
B. Green: Daily Levels (D)
C. Purple: Monthly Levels and above (MO)
D. Orange: 3 day levels. (3D).
E. Red: (12 hour levels and below.)
USD/SGD : Watch BreakOut and SellPrice still looking bearish , forming continue sell setups.
Watch Price and Sell
ThankYou
USDSGD technically based forecast
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💡 USDSGD technicaly based idea, we can see price is bounce from supp line - trend line, 3 tops are created, candels foramtion strong bearish, technicaly indicators showing we can expect higher bearish market continuation from here.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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All best, good luck!
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
