GBPSGD ShortFrom last analysis we are anticipating a down wave to finish off bearish move on the larger time frame
We now have a Bearish Running Flat/ Expanded Flat formation
Watching price on lower time frame
GBPSGD trade ideas
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
GBP/SGD - ShortIt seems it is now printing a 30-min timeframe bearish channel, in line with the overall trend.
I will enter on a sell stop at arong 1.7491
Possible KRACK on GPBSGD Wait until the price test the 1.79 ressistance
THEN TAKE POSITION AND SHORT THE FUCK OUT ON DA THING
GBPSGD can bounce from 5-Months High!Waiting for Sell entry near 5-Months High 1.79635.
I'll open the position after the false breakout.
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GBPSGD Bearish 1 HR Analysis Based on the daily time frame GBPSGD has been trending up heavily. However based on my knowledge in the markets I've spotted a Gartley Harmonic pattern on the daily, hence my bias is bearish depending if current price continues to reject my orange zone.
The Red Lines Represent My S & R Levels
The orange zone is my D point for a daily bearish Gartley that has completed.
GBPSGD bounced from support, potential for a further rise!
GBPSGD bounced off 1.74860 where it could potentially rise further to 1.76483.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPSGD SELLTHE FIRST ARROW is for trendline rejection
second arrow if for false breakout of that trendline\\
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GBPSGD approaching support, potential for a bounce!
GBPSGD is expected to drop to 1st support at 1.72191 where it could potentially react off and up to 1st resistance at 1.73065.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPSGD Entry Price 1.7079 Entry Price 1.7144 Target Price 1.7379GBPSGD Horizontal Support Resistance Breakout
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANK
Analysis on GBPSGD 6.09.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1.7085
• Take Profit Level: 1.7200 (115 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1.7000
• Take Profit Level: 1.6950 (50 pips)
USDJPY
A possible long position at the breakout of the level 107.25
EURUSD
A possible long position at the breakout of the level 1.1050
USDCHF
A possible long position at the breakout of the level 0.9880
GBPUSD
A possible long position at the breakout of the level 1.2355
GBPSGD LOOKING FOR BUY Right now is a low risk trade
price hit week support again at 1.6914
over the last 3 hours since japan open price showing upwards travel
you could go long when price is in Purple box
But would keep stop loss around 1.6910 depending on how much risk you are willing to take.
Your take profits should be 1.6960 and 1.7000 (yellow lines)
If first take profits hit take another buy and hold till either second take profit hit or you are back at break even calculate the stop loss well for break even, you can maximize earnings like that.
Trade Smart People.
