EURSGD trade ideas
EURSGD. BEARISH BAT PATTERNHere we have a beautiful high probability bearish setup
A nice bearish Bat pattern (yellow)
Potential Minor price rejection at 1.56785
Potential target 1 at the Minor price at 1.54000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought/sold)
EURSGD. BULLISH BAT PATTERNHere we have a beautiful high probability bullish setup
A nice bullish Bat setup
Potential Major price rejection at 1.50000
Potential target 1 at the Minor price at 1.51000
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought)
EURSGD - Shooting star rejecting multiple resistance levelsLooks like a really clear bearish signal rejecting previous S/R level, a Fib 68% retrace level and a long-term downwards trendline.
A previous bearish engulfing signal on 26/8 failed as there were still too many over enthusiastic bulls around after the pairs phenomenal upwards move the previous week, causing the price to drop to do a fib 38% retrace and attempt to push higher. But clearly there is strong resistance around 1.5300 and we're now ready to move, hopefully to the lows again, giving us a decent 300 pips.
Good luck!
EURSGD Great oppertunnity to short!Traders,
I Noticed a very nice oppertunnity to get short on EURSGD.
This pair is moving down for a while. We got a nice retracement to the 618 level and the resistance line after the impulse leg.
The candle´s of this week showed bearish strength.
Very likely that we see some nice downside movemend in the next weeks.
Thanks for the thumb up :).
Have a great weekend!