Price broke above previous highs , long continuationPrice has made new high in daily chart , wait for pullback and confirmed support in order to enter long setup .. In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan . Longby AariTechPublished 32
USDSGD - Bullish - Descending right angled broadeningWith the recent big financial assistance package and the recent news of possible recession in coming quarters, through the economic cycle, the SGD may be weakening to overcome potential inflation rise. If this is true, then this formation of possible right angled TA may become bullish in time to come. Potential target is shown. What do you think? Feel free to share your thoughts comments box. Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. Thumbs up if u like the analysis :) Longby SmartisPublished 224
USDSGD, Tight Stop-> ShortGoing for a tight stop, triple top scenario and looking for it to reverse trend. Shortby TheBulltraderPublished 4
View on USD/SGD (18/2)Price is at overlap resistance zone. Waiting for price to break below 1.385 to create the 1st LL. Will short on retrace after signs of bearish is seen Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We,Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activityShortby sonicrmasteryPublished 3
Broken above previous highs... Continuation or Rejection ? Price has broken above previous highs , but as we can see in chart last time when it did made new highs price got rejected towards previous lows , this suggests that we should apply cautious approach to this PAIR , Wait for confirmation of breakout and then long otherwise look to short on rejection. Educationby AariTechPublished 35
USDSGD. PRICE NEED TO BREAK NECKLINE FOR MORE UPSIDE MOVEMENTPrevious trade was invalid as price formed a triangle and broke upwards. Formed a inverse head and shoulders with a neckline just formed. Price need to break above neckline to be bullish Moving into triangle = bearish Current: Neutral. waiting for set upby TrainingTraderPublished 3
USDSGD. OVERBOUGHT BUT IS THIS A REVERSAL?USDSGD peak as the USD strengthen and the SGD weakened due to the coronavirus situation happening in SG. However price is weakening as price broke below the uptrend channel, retested and formed lower lows and lower high. (a new downward channel) Price has been respecting this new downward channel and just recently reversed from the trend line and 50EMA @ 30mins. Expecting price to further decrease when the bottom trendline is broken.Shortby TrainingTraderUpdated 4
USDSGD - Upwards Trend EndingBreakdown of large upward trend resulting in clear forming top. Will wait until this is confirmed before entering. Risk to Reward of 1.83. Shortby benbattledorePublished 3
USDSGD USDSGD D1 -STRONG RESISTANCE -GOOD CANDLE CONFIRMATION =SELL SIGNAL Shortby Pips-FactoryPublished 5