USDSGDThe position of price relative to the trend line(which I don't use often), 200-MA, and Fib level really makes me think we'll see some downward movement. Good sell opportunity.
USDSGD trade ideas
USDSGDEven though on the M TF there is a huge wick, but the price couldn't penetrate deeper. as we can see on the 4H TF the trend has changed. if the trend doesn't change, we have a chance to hop in. if the price making a higher low without hitting our zone we will cancel this trade.
Drop a comment below of you take this trade.
USDSGD 1h AutoUFOs™ Trade Alert! 24 April 2020Basic Approach:
-Long Entry @ 1.4235
-Protective Stop Loss @ 1.4210
-Take Profit @ 1.4275
Rationale:
-Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame
-Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing
Boosting Options:
-Trade in the direction set by the overall Market Environment
-Select Take Profit Targets located at a reasonable/achievable distance
-Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price
-Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO
-Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction
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They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled.
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Disclaimer:
We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
USDSGD long trade ideaon my previous USDSGD short trade analysis (link attached below!) price perfectly hit the final target and currently, we are seeing price playing inside a rising wedge pattern, here's the plan. good luck!
Plan : 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
USDSGD - odds to 5% gains aheadSingapore dollar is tracing a primary wave 5 up that should elevate its quotation to the most probable target of 1.5. In case prices go below 1.386 this scenario should be void. FOLLOW SKYLINEPRO TO GET UPDATES.
USDSGD Elliot wave 5 pattern almost completeI have a feeling this is heading for the 5th wave of an elliot wave cycle?
USD/SGD LevelsHere is the color coding for timeframe:
A. Light Blue: Weekly Levels (W)
B. Green: Daily Levels (D)
C. Purple: Monthly Levels and above (MO)
D. Orange: 3 day levels. (3D).
E. Red: (12 hour levels and below.)
USD/SGD : Watch BreakOut and SellPrice still looking bearish , forming continue sell setups.
Watch Price and Sell
ThankYou
USDSGD technically based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 USDSGD technicaly based idea, we can see price is bounce from supp line - trend line, 3 tops are created, candels foramtion strong bearish, technicaly indicators showing we can expect higher bearish market continuation from here.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
