Extremely High-Risk SGDHKD $SGDHKD Long ScalpExtremely High-Risk SGDHKD $SGDHKD Long Scalp. TPs on chart. 10-50X leverage. No SL.
SGDHKD
SGDHKD Buy SignalPattern: Triangle on 1W.
Signal: Bullish as the price is pulling back after near contact with the 1W MA50, which has been a bullish continuation pattern n 2016 and 2017.
Target: 5.700 (the bottom of the High Volatility Zone and inner Lower High trend-line).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Recent SGDHKD signal:
SGDHKD: Long term Buy opportunity on the 1W Support.The pair marginally broke the 1W Support but so far only on a candle wick. Since it has rebounded back above that danger level, we can consider that the Support is holding. The 1W chart has turned nearly oversold (RSI = 27.767, MACD = -0.073, ADX = 36.545) and we treat this as the optimal buy opportunity for the long term.
The long term pattern is as you see a Descending Triangle and besides the 1W Support, the Lower Highs are also clear. The first time the price touched the 5.3350 1W Support in January 2016, it rebounded to the 0.5 Fibonacci level of its last Lower High. The 0.5 level is at the moment at 5.6650 and this is our Target.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
SGDHKD Sell SignalPattern: 1D Channel Up.
Signal: Bearish as the price reached the 1W Resistance on a similar RSI sequence which previously delivered a drop.
Target: 5.7450 (above the 1D MA200).
SGDHKD: Short opportunity near the 1W Resistance.The pair stopped the uptrend near the 1W Resistance Zone (5.77540 - 5.78100) with the 1D RSI hitting 74.000. Based on that we are expecting a rejection to the nearest Support which is 5.71500.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
SGDHKD Buy SignalPattern: 1W Falling Wedge.
Signal: Bullish as the price is approaching the Lower Low zone and the RSI is on bottom levels.
Target: 5.7000.
SGDHKD Buy SignalPattern: Channel Up on 4H.
Signal: Bullish as the price is rebounding on the Higher Low.
Target: 5.7700 (just below the 1D Resistance).
SGDHKD Entries for medium term scalpingPattern: Rectangle on 1D.
Signal: Scalping as long as the pattern holds.
Target: Buy Zone at 5.7670 - 5.7630, Sell Zone at 5.8250 - 5.8355.
SGDHKD Buy SignalPattern: Bullish Channel on 1D.
Signal: Long as the price has approached the support (black solid line).
Target: 5.8200.
SGDHKD: Target hit. Channel Down continuation. Short.TP = 5.6600 hit as the 1D Channel Down expanded but on a lower gradient (MACD = -0.006, B/BP = -0.0102) with RSI and Highs/Lows neutral. Nevertheless there are two optimal short opportunities presented on the chart depending on which pattern prevails. TP = 5.63050.
Medium term Channel Down. Short.SGDHKD is on a 1D Channel Down formation (MACD = -0.016, B/BP = -0.0239) that is near printing its new Lower High (RSI = 48.006, Highs/Lows = 0). Even the 1W pattern indicating a long term selling pressure (Highs/Lows = -0.0442, B/BP = -0.1618, RSI = 38.403). We are taking a short, TP = 5.6600 but on the first sign of a bounce on 5.7088, we will book the profit earlier.
