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Euro / Singapore Dollar

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EURSGD trade ideas

EURSGD looking for a melt 🦐The market, after hitting few times the discending weekly trendline in red, created a double top formation. After breaking the ascending channel price could restest the yellow structure and then move first to the 0.382 fib level and then to the 0.618 fib level. According to Plancton's strategy, we can set a nice order ––––– 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.
Short
by InkyGrip
Short EUR/SGD (Short term trend analysis) Going into the start of the new week I propose to short this pair. Through this short analysis and other indicators that have been considered, i find that the pair can be shorted , for a gain to 1.54 zone which is found at a previous support level for this pair. Descending channel also highlights the bias that i have for this pair. Thanks for viewing ! This is not financial advice , please do DD and RM. Follow me on Twitter !
Short
by UnknownUnicorn5026590
EURSGD rejected by historical trend line 🦐The market after the recent rally got rejected by the historical trend line in red. Now the price broke and retested the support line and currently trying to break the structure at the 0.382 fib level. IF the market will mange to break the structure we can set a nice short order according to our rules with a possible target around 1.551 or 0.618 golden ratio. ––––– 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.
Short
by InkyGrip