USDSGD trade ideas
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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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!
Rupiah and S.E.A Currency : WeakestRupiah is the weakest currency in South East Asia.
Even though Indonesia relatively has lower Debt to GDP Ratio amongst SEA countries, Indonesia's reliance on import and lack of export variance might be the risk aspect.
However, Indonesia's economy that mostly based on Consumption might be healed relatively quick compared to other SEA Countries that rely on global trade (such as Singapore).
