AUDSGD trade ideas
ADVANCED PATTERN FORMATIONMorning traders!
1D Chart
Here is a great longterm setup with possibly multiple positions that can be taken here.
Currently we an " ADVANCED PATTERN FORMATION" with great support and resistance confluence
I built the "ADVANCED PATTERN FORMATION" on a Daily chart .
My tolerance for risk is high as the pattern has not only completed and valid but is in play.
There are pattern formations inside of pattern formations. Depending on your skill, understanding confluence as a trader becomes more and more important.
Note: I'm not to concerned about my entry as my stops will be above previous structure high.
AUDSGD sell scenarioHi Traders,
Today i will share my analysis regarding AUDSGD.
There are 2 Scenarios here.
First is fib 0.382 retracement and second is at fib 0.618 retracement.
This one is basic scenario analysis of using the Fibonacci, and I will use Breakout strategy.
No breakout to the downside, no trade for me. so please feel free to use your own strategy.
Good Luck and Trade Wisely,
aud sgd shortwe see price in a strong up trend and forming a possible Double top right now...together with the rsi divergence this is a set up iam interested in ...we might could see a push higher in the 1.0870 level but as long as the upward Trendline is still unbroken i see no reason to go short immediately
so i see 3 possible entrys
1) a push higher followed by a trendline break
2)trendline break after this forming double top
3)short after support break at 1.0670 area
AUDSGD. BULLISH AB=CD PATTERNHere we have a beautiful high probability bullish setup
A nice bullish AB=CD pattern
Potential Minor price rejection at 1.01925
Potential target 1 at the Minor price at 1.04000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
AUDSGD BEARISH AB=CD PATTERNHere we have a beautiful high probability bearish setup
A nice bearish AB=CD pattern
Potential Half major price rejection at 1.05045
Potential target 1 at the 38.2 FIB at 1.04512
Potential target 2 at the Larger price at 1.02500
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
AUDSGD. BULLISH DEEPCRAB PATTERNHere we have a beautiful high probability bullish setup
A nice bullish Deep Crab pattern
Potential Major price rejection at 1.00000
Potential target 1 above the Minor price at 1.03319
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)