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SINGAPORE DOLLAR / JAPANESE YEN

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SGDJPY trade ideas

SGDJPY looking for recent highs 🦐SGDJPY after breaking the 1st resistance is consolidating between 2 structures. The market is following an ascending trendline and according to Plancton's strategy, if the conditions will be satisfied, we can set a nice long 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
2
SGDJPY on the retest 🦐SGDJPY after the break above is currently retesting the structure. According to Plancton' strategy if the conditions will be satisfied we will set a nice long 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
6
SGDJPY Sell SetupHello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: SGDJPY is sitting around the upper brown trendline so we will be looking for sell setups on lower timeframes. on M30: SGDJPY is forming a channel pattern in red so we are waiting for a new swing to form around it to consider it objective/valid. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still break above the brown trendline to test the 79.0 green resistance before going down. As price approaches our lower blue support and lower brown trendline, we will be looking for buy setups. Good luck!
Short
by TheSignalyst
37