EURSGD - Forecast on Daily - complete double bottom pattern? complete double bottom pattern?Longby AnhThuc01114
Divergence TradePrice has been on a steady bullish move and it has recently lose steam. I treat this trades as a counter trend small moves. Trade at your own risk.by adilenecontreras4
Sluggish Rise to Fall. EURSGD Short Idea.Price has reached Strong Resistance level which is also, on weekly perspective, a Fibo 38,2 (Swing Low to Swing High). Prices have been kind of sluggish lately and has a bullish tendency. For now i am waiting for a tiny Pullback to that "Red Box" with short bias. Depending on Price Action and result of retest i'll short or leave EURSGD. Stop Loss above previous High and Take Profit on the "Anticipated Daily Fibo 50,0" which is also a key support level (Could be coincidence). GL.Shortby ProfessorGenkiUpdated 6
EURSGD TRADE SHORT IDEAEURSGD has been caught in a range so i will like to see price break our mini zone before going short...Shortby NSFX6
EURSGD potential reversalEURGD is currently sitting around a strong supply zone in red. price is currently trading inside our blue channel, and also formed an objective head and shoulders. we are waiting for a momentum candle close below our blue neckline to sell this one. we also have divergence on MACD adding more confluence to our setup.Shortby TheSignalyst14
EURSGD:Inverse Head and Shoulders1.Inverse Head and Shoulders 2. TP1 =104 pips TP2=185 pips Please don't forget to FOLLOW , LIKE and COMMENT ...If you like my analysis:) Thank you and Good Luck!Longby KlejdiCuniUpdated 3330
EURSGDGood afternoon all, I am currently long on this currency pair as I see going up towards the previous resistance level set on the 1st of May. Reasons to consider buying: 1. Price is currently above the 50 MA 2. Price broke through the Resistance level and came back to re test possibly turning it into a new support. 3. Did price form a bullish flag? Always do your own analysis before opening any trades and be sure of using proper risk management. Longby DMartin-222
EURSGD Trading Plan BUY (Change Plan Previous)EURSGD Trading Plan BUY (Change Plan Previous)Longby ekopurdana6
There is a possibility for second chance to buy in EURSGDTrading suggestion: If the Midterm level 1.5240 is broken, we will close open trades. Price may also reach 1.5240, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This suggestion is not according to our STRATEGY , and depends on personal strategies. Midterm forecast: While the price is above the support 1.5240, resumption of uptrend is expected. We make sure when the resistance at 1.5960 breaks. If the support at 1.5240 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1.5240 is broken. Technical analysis: The ascending flag taking shape suggests we will soon see another leg higher. A peak is formed in daily chart at 1.5545 on 04/20/2020, so more losses to support(s) 1.5365 and minimum to Major Support (1.5240) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 45. Trade Setup: Total Profit: 2678 pip Closed trade(s): 2385 pip Profit Open trade(s): 293 pip Profit Trade Setup: We opened 7 BUY trade(s) @ 1.5095 (day close price) based on 'Valley' at 2020.02.20. Closed Profit: TP1 @ 1.5160 touched at 2020.02.21 with 65 pip Profit. TP2 @ 1.5240 touched at 2020.02.27 with 145 pip Profit. TP3 @ 1.5365 touched at 2020.02.28 with 270 pip Profit. TP4 @ 1.5570 touched at 2020.03.06 with 475 pip Profit. TP5 @ 1.5720 touched at 2020.03.09 with 625 pip Profit. TP6 @ 1.5900 touched at 2020.03.16 with 805 pip Profit. 65 + 145 + 270 + 475 + 625 + 805 = 2385 pip Open Profit: Profit for one trade is 1.5388(current price) - 1.5095(open price) = 293 pip 1 trade(s) still open, therefore total profit for open trade(s) is 293 x 1 = 293 pipLongby ForecastCity202024
There is a possibility for second chance to buy in EURSGDTrading suggestion: If the Midterm level 1.5240 is broken, we will close open trades. Price may also reach 1.5240, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This suggestion is not according to our STRATEGY , and depends on personal strategies. Midterm forecast: While the price is above the support 1.5240, resumption of uptrend is expected. We make sure when the resistance at 1.5960 breaks. If the support at 1.5240 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades, if the Midterm level 1.5240 is broken. Technical analysis: The ascending flag taking shape suggests we will soon see another leg higher. A peak is formed in daily chart at 1.5545 on 04/20/2020, so more losses to support(s) 1.5365 and minimum to Major Support (1.5240) is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 45. Trade Setup: Total Profit: 2678 pip Closed trade(s): 2385 pip Profit Open trade(s): 293 pip Profit Trade Setup: We opened 7 BUY trade(s) @ 1.5095 (day close price) based on 'Valley' at 2020.02.20. Closed Profit: TP1 @ 1.5160 touched at 2020.02.21 with 65 pip Profit. TP2 @ 1.5240 touched at 2020.02.27 with 145 pip Profit. TP3 @ 1.5365 touched at 2020.02.28 with 270 pip Profit. TP4 @ 1.5570 touched at 2020.03.06 with 475 pip Profit. TP5 @ 1.5720 touched at 2020.03.09 with 625 pip Profit. TP6 @ 1.5900 touched at 2020.03.16 with 805 pip Profit. 65 + 145 + 270 + 475 + 625 + 805 = 2385 pip Open Profit: Profit for one trade is 1.5388(current price) - 1.5095(open price) = 293 pip 1 trade(s) still open, therefore total profit for open trade(s) is 293 x 1 = 293 pipLongby ForecastCity202032