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British Pound / Singapore Dollar

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GBPSGD trade ideas

GBPSGD BUY to SELL Trade IdeaHello everyone, if you like the idea, do not forget to support with a like and follow. BUY (Swing) Entry: 1.84745 Take Profit: 1.86522 Stop Loss: 1.84158 SELL (Swing) Entry: 1.85388 Take Profit: 1.80719 Stop Loss: 1.86851 Based on the following analysis Monthly M pattern, where it will retract back to the neckline or the wick of the neckline, as indicated on the yellow range. Daily W pattern, where it will retract back to the neckline or the wick of the neckline, as indicated on the yellow range. Good luck! All Strategies Are Good; If Managed Properly! ~FX_SHIFTER
by fx_shifter
GBP/SGD:FUNDAMENTAL ANALYSIS + HARMONIC GARTLEY SETUP LONG...The Singapore Trade Balance for August was reported at $6.253B. Forex traders can compare this to the Singapore Balance for July, reported at $3.970B. Non-Oil Exports for August decreased 3.6% monthly and increased 2.7% annualized. Economists predicted an increase of 2.4% and 8.3%. Forex traders can compare this to Non-Oil Exports for July, which decreased 0.9% monthly and increased 12.7% annualized. UK Retail Sales for August are predicted to increase 0.5% monthly and 2.7% annualized. Forex traders can compare this to UK Retail Sales for July, which decreased 2.5% monthly and increased 2.4% annualized. UK Core Retail Sales for August are predicted to increase 0.8% monthly 2.5% annualized. Forex traders can compare this to UK Core Retail Sales for July, which decreased 2.4% monthly and increased 1.8% annualized. The forecast for the GBP/SGD remains bullish after price action recovered off its lows. Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Long
by FOREXN1
6
GBPSGD 4HR PROJECTIONAs We can see from the 4hr structure , a Break and retest to that trend line had occurred last week with strong bullish momentum even from the weekly and daily chart, right now I'm looking for a clean Entry to join the bullish run. Price has two options for optimal trade entries from my perspective. Option A, At 1.86798 support that has been tested and rejected as we can see from the chart so we'll need price to retrace to the 38.2% fibs level with a slight rejection to go long. Option B at 1.86044, where we has a stronger support than the first option, we'll need a 61.8% retracement and a slight rejection from that level before we go long..
Long
by Slyshady12
GBPSGD is creating a bullflag 🦐GBPSGD is creating a bullflag between the weekly structures. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. 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 the Plancton0618 strategy will trigger.
Long
by InkyGrip
4