USDSGD
USDSGD Break-out Sell SignalPattern: Channel Down on 1W.
Signal: Bearish if a full 1W candle closes below the 1W MA50.
Target: 1.35000 (just above the Symmetrical Support Zone).
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Most recent USDSGD signal:
USDSGD short trade ideaon my previous idea, the setup was reached the stop-loss level and we are trapped inside a triangle pattern. ideally, this pattern might bring the price to go lower but we need more evidence before placing any sell order, here's the plan :
Plan: trendline and support level breakout --> 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 as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
USDSGD a sell opportunity 🦐 The market after being in a side range between the recent lows and the 0.382 fib retracement level is now looking for a break to the downside.
Price got the rejected already twice by the Ema 21 and now bull seem to be in power on all the major usd pair.
IF the market will break below the structure at the retest of it we can set a nice short order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
LONG USDFirst crack at the forex relm trying to make the run up on usd, chose my first trade here usd/sgd order in at 1.39301.
USDSGD short trade ideaPlan: trendline and support level breakout --> 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 as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Long possibility (already entered) on USDSGD.I entered this trade this morning (29-06 - GMT+2) with a long position, already in profit but I see a good potential for a further development. Be careful at the next resistance level at 1.39825 and at the 200 MA (the one in black in the chart), which could stop the uptrend at approximately 1.40200.
Let me know what you guys did in this one and if you already entered.
USDSGD 4D: SHORT IT from my level. 500+ pips. SL/TP inside.(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
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-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
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USDSGD 4D: SHORT IT from my level. 500+ pips. SL/TP inside.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: USDSGD 4days/candle chart review
::: weak chart, more downside likely
::: rejection from overhead nice setup
::: looking for reaction/reversal from premium price
::: recommended strategy: SHORT IT. 4100.
::: SL 4200. TP1 +600. TP2 +700 pips.
::: for best results wait for pin bar H4
::: keep in mind this is SHORT/HOLD setup
::: do not expect fast gains also
::: mind the SWAPS
::: nice lower risk setup for a gain of 500+ pips
::: overall expecting decent action this week
::: so get ready to make money in this market
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
::: retail sentiment: N/A
Get ready to land at "USDSGD" AirportI think the price will go down soon and it's a good time to sell.
I considered 3 possible TARGETS to close TPs.
I think either the downward movement has already begun or after a retracement and touching the "moving average " line, it will start to decline...
USDSGD a sell opportunity 🦐The price after a minor retracement broke the rising wedge and retested it.
Currently the market is moving into a bearish momentum and price crossed the Ema 21 for short.
If the market will break below at the retest the structure we can look for a nice short order according to our strategy with a 1st Tp around 1.37 area.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
USDSGD BULLISH POTENTIAL We see a test in both the previous resistance level and trendline. Hoping to see a good upwards trajectory
Looking to go long USDSGD .. the week of 22JuneNothing is 100% in trading but in my opinion, this pair could be turning bullish.
A break above 1.3980 and then above 1.4030 will provide a level of certainty to this view and conservative traders can wait for such "confirmation".
I am a bit more aggressive and would like to go long if we get a pullback to the upward sloping trend line. In that case the stop can be placed below 1.3930. This will provide a tight stop while increasing the R/R potential considerably.
However, if we get a H4 close below 1.3930, that will negate my analysis.
If you like my analysis please give it a "thumbs up" and "follow me" to get instant notifications of my posts and updates.
As always, please use sound money and risk management in all your trades.
Super triangular patternIn the USDSGD currency pair, we are seeing the formation of a continuing triangular pattern, so we expect the price to continue to move down and touch the following targets.
TP1: 1.38322
TP2: 1.37588
TP3: 1.36853
TP4: 1.34584
If the price goes above the triangle, we expect the price to rise to at least 1.40051. But keep in mind that the probability of a price increase is 20%.
The analysis is performed on a daily basis and is long-term.
🔸Signal by Yazdani
USD/SGD : Looking Potential Buy Upsidetrend is Bulis in lower time frame and higher time frame forming double bottom zone.
Watch Candlestick and BUY for upside.
ThankYu
USD/SGD LONG OR BUY IT , PATTERN SHS TARGET VERY GOODUSDSGD has confirmed a good pattern SHS.
BUY : 1.39700
TARGET : 1.40800
STOP LOSS : 1.39370
Wish you good deals!
The Singaporean dollar eyes the lower support levelThe Singaporean dollar eyes the lower support level and locks in with determination to drag the US dollar. Bearish investors are taking advantage of the risk sentiment in the global market that’s causing the safe-haven appeal of the US dollar to crumble in sessions. The US dollar to Singaporean dollar trading pair should continue its downward track in the market and eventually hit its lower support level later this month. However, the reopening of the economy amidst the rising number of cases leaves the Singaporean dollar very vulnerable. If things turn south, the Singaporean dollar could lose its grip against the US dollar. Just this Wednesday, the strong yet small country reported more than 450 new confirmed coronavirus cases including seven cases in the community. The preliminary daily update of the Singaporean Ministry of Health states that the number of confirmed coronavirus cases in the country is now around 38,965.
USDSGD ANALYSISUSDSGD reached AB=CD pattern target at 161.8% fibo and rebounded from level 1.39500
MACD shows bullish momentum
RSI broke downtrend line
so its expect bullish movement to key level and 50% fibo around 1.41000 then bearish movement from the key level to demand zone around 1.38000
USDSGD - next target between 1.384 and 1.38USDSGD is tracing intermediate wave C down of primary 4. The next trget should be between 1.384 and 1.38 and after that the trend should continue up. This scenario should be void if price crosses up 1.433. FOLLOW SKYLINEPRO TO GET UPDATES.
USDSGD - reversion to new highs aheadUSDSGD has followed the path forecasted in our April 30 post and it seems to have finished (or very near to) intermediate wave ( C) that completes primary wave 4. The next move is wave 5 up that should elevate the price to levels above 1.46. If price crosses down 1.385 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
