USDSGD trade ideas
Potential sell continuation : USDSGDPrice has broken below ascending trendline , whereas we can see long term descending trendline offering strong resistance ,
Look for potential sell continuation setup.
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USDSGD Possible movement to the downsideUSDSGD has been trending downward and i see this continuing with dollar weakness in play. Lows of Feb 2020 might be the target
USDSGD short timeIn technical analysis,usd breakdown support and retest previous support level and become resistance. if you saw something rejected move like doji, you can short the pair.
USDSGD pushing up towards 1.378. Support of 1.370 has been tested multiple times. A bullish engulfing candle might signal a upward trend up towards to 1.378 but its need to break resistance of 1.374.
Buying opportunity now with TP at 1.375, stop loss slightly below 1.370 at 1.369.
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USDSGD Expecting a Further DownsideUSDSGD has broken a STRONG S/R Zone. Waiting for a retest to jump in for SHORTS.
USDSGD Daily BULLISH BAT strong Daily Potential reversal Zone AS Earlier this same Pattern given good reaction on Type1 entry & Hit Both Target
now price Need To come into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
POTENTIAL BUY
USDSGD NEXT ENTRY SELL!Hi Traders, here is the full Video Analysis / Breakdown for USDSGD.
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Keep this pair on your watch-list.
Conditions -
1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change )
2.Use Risk Management (Risk 1% of your capital)
3.Do your Own analysis!
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USD SGD - Long FlashcardUSD SGD - Long Flashcard
- There is an issue with TDI so it may seem there is no RSI cross when in fact there is
Approaching Buy Zone : USDSGDMultiple levels from where price may bounce , buy on break above trendline or from trendline / horizontal support.
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USD SGD - Short FlashcardUSD SGD - Short Flashcard
- This was more of a quad-top rather than a double top
- The high of the first leg wasn't broken all day
- You may have been stopped out on first entry if you moved stop to break even but re-entry was given so you should have caught this move
USDSGD SHORT TRADE IDEASELL USDSGD @ 1.3765
SL @ 1.3795 (30 Pips)
TP @ 1.3465
RRR 1:10
1% Risk
10% Reward
