#USDSGD - Short after break of correction Waiting for a break of the correction and double bottom to the downside and will then be looking to enter a short position on this
SGDUSD trade ideas
USDSGD 3HRBULLISH BAT
Earlier this same Pattern given good reaction on Type1 entry
now price i s again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
USD/SGD : Watch this Bear Flag and Go SHORTLooking for sell in downside.
watch correction and sell.
ThankYou
USDSGD: Head and ShouldersUSDSGD: Head and Shoulders
1.Head and Shoulders pattern
2.Price broke out the neckline
3.Bearish candle on the break
4.TP1= 56 pips
TP2= 96 pips
TP3=137 pips
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Thank you and Good Luck!
USDSGDprice failed to hold that trend line support. currently looking to retest that 0.5 fib line.
bullish: if it bounces off that fib support, rallies, and then closes above that trend line, it might be the end of retracement. look for long opportunities.
bearish: if price melts down that 0.5 fib level (next short-term support is the lower trend line), possible trend reversal to the downside.
either way, manage your risks, set stop loss. good luck!
USDSDG shortIf the wedge holds price, looking to get in at the top of the wedge before a move back into the larger channel
Watch out for USDSGD!tried to break 0.5 fib line, failed then bounced. broke short-term trend line and closed above it. PPO about to cross. if price holds support at trend line, rallies and closes above 1.4200 level, uptrend may continue. set stop loss below trend line area. good luck!
USDSGD LONG TRADEUSDSGD broke downtrendline
then rebounded from demand zone at level 1.4132
Pair is in uptrend and above SMA 100
Price is based above HVN at level 1.4166 which indicates that pair is in accumulation phase
MACD shows bullish momentum
It's expected for opening long trade after exceeding resistance level at 1.4210
to target supply zone near level 1.4414
USDSGD Rare OpportunityHey traders, I hope everyone is doing well and have had a fantastic week so far!
Just doing my evening analysis and this wildcard is shaping up very nicely to the downside. It is rare that we get so many positives for one trade but this is one of them times so I'm keen to see how the market plays out tomorrow.
This one could shape up while I'm asleep which I'm well aware of and I'm happy to accept but if I wake up during the night, I have a clear game plan on how I want to enter the trade so there'll be no hesitation on my side. This is why having a clear game plan for each scenario is so important.
I'd love to hear your thoughts on this trade, if you're looking at something similar or something completely different. Please feel free to comment below.
Don't miss the great buy opportunity in USDSGDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.4162). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDSGD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1.4300
TP2= @ 1.4402
TP3= @ 1.4635
SL= Break below S2
Don't miss the great buy opportunity in USDSGDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.4162). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. USDSGD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1.4300
TP2= @ 1.4402
TP3= @ 1.4635
SL= Break below S2
USD/SGDMay 6
Good Morning Friends, here my Idea to USD/SGD. H4-Chart. (You will find the information in the chart)
-> IMPORTMANT: Just my opinion no financial advice.
USDSGD SHORT...could be a hidden gem 💎HTFs - the weekly structure shows a clear sideways channel with major highs broken and signs of a bearish reversal to downside. Now forming a continuation structure with a slight descending angle. Price action pretty clean with identifiable patterns |
LTFs - the angle is descending suggesting upside, but that's only part of the story. The structure is clear and there is a clue in the ascending running channel forming at the end of the pattern. Note, this also has a clear middle section increasing reliability of the pattern |
ENTRY - if price breaks that mini high correctively and rejects at the top of the running channel/larger descending structure, I'll be aggressive with my entry. If price is impulsive on approach to edge of structure or breaks structure, I'll wait for the market to show a signal it's turning bearish
USD/SGD breakout and retest previous support levelUSD/SGD formed convergence/divergence, LL/HL
came out of oversold zone
BUY
JUST FOR IDEAS!!
DISCLAIMER!!
This is for general information purposes only. It is not investment advice or an inducement to trade.
USDSGDOn the big picture we are high on the curve, and the trend is obviously down. therefore we are looking for shorting opportunity. our setup is on the 4 hr timeframe.
drop a comment if you take this trade
USDSGD long trade idea (update!)Plan : trendline and resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
