GBPSGD, Cup & Handle Pattern!There is a Buy zone above the Key Level.
The best entry point will be after the false breakout.
Cup & Handle Pattern is works usually.
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GBPSGD
GBPSGD is close to the Strong Support/Resistance Level!I don't like the way how the price comes to this level, but this level is too interesting to ignore.
Waiting for the reaction. Maybe it will show a buy entry soon.
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GBPSGD is close to Buy Zone!The price can bounce off the Support/Resistance Zone.
It will be a good Buy opportunity.
Potential profit will be 3 times bigger than the risk.
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GBP|SGD - Short OpportunityThere is an opportunity to short the GBP|SGD
- Short entries may be initiated on break of 1.76260
- Stop Losses should be above the swing high of corrective 1.77230 (Red Horizontal)
- Target Point A: 1.75050 (Green Horizontal)
- Target Point B: 1.74276
All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (blue.)
GBP|SGD - Long OpportunityThere is an opportunity to long the GBP|SGD on break of the recent swing high pivot after we established a lower high at 1.75015
- Long entries may be initiated on break of 1.76071
- Stop Losses should be below the last swing low of 1.75015 (Red Horizontal)
- Target Point A : 1.78267 (Green Horizontal)
All remaining target and intermediary resistance zones to the upside are marked above entry by consecutive horizontal lines (blue.)
GBP|SGD - Short OpporunityThere is an opportunity to short the GBP|SGD on the touch of the pendant channel resistance..
- Short entries may be initiated now or on touch.
- Stop Losses should be above the last swing high of 1.76094 (Red Horizontal)
- Target Point A (Safe): 1.75318 (Green Horizontal)
All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (blue.)
GBPSGD, The pullback is possible!We can look for Sell entry now.
Reasons:
- the price is under the Resistance Zone;
- it has risen up with huge ATR, that's why the pullback is possible;
- but the target should be not far because the trend is bullish;
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GBPSGD. Price will keep its uptrend.Hello!
The British currency began its steady growth last month,
now this trend continues.
The price is approaching the resistance level,
this level is the target at 1.82500.
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This idea does not provide the financial advice.
GBPSGD, another Buy Zone is close!I will open Buy in Zone.
Reasons:
- the trend is bullish;
- there is a new Support/Resistance Zone;
- potential profit will be 3 times bigger than the risk.
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GBPSGD, Where to Buy?..The best place for Buy will be above the Support/Resistance Zone.
Reasons:
- Buy Zone is near the Trend Line;
- Support/Resistance Zone can reverse the price move;
- it's approaching with high ATR size.
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GBPSGD is in the Range Channel...I will open Sell near the resistance level 1.77445.
Reasons:
- the price is in the Range Channel;
- potential profit will be 3 times bigger than the risk.
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