SGDHKD in consolidation phaseSGDHKD is in consolidation phase. Trade has been set according to the breakout on support and ressitance.by arslanjaved2120
SGDHKD (Bearish Trend in 1H TF)SGDHKD is showing Bearish Trend in 1H Time Frame. As you can see, after making consecutive Higher Highs and Lows, Advancing Phase comes to End. After Advancing Phase, then the price moved in Distribution Phase and after breaking Distribution Phase as I mark it on the chart then it enters the Declining Phase So, the Entry Point will be 5.8177 with Stop Loss of 5.8503. Take Profit 1 will be 5.7745 and Take Profit 5.7366. by muhammadsufyan40001
Catching a break on HKDSGDAnother B/x wave in a much larger bearish trend. Goals in green, invalidation is in red. Not financial advice.Longby Rykin_CapitalUpdated 220
SGDHKD Buy SignalPattern: Triangle on 1W. Signal: Bullish as the price is pulling back after near contact with the 1W MA50, which has been a bullish continuation pattern n 2016 and 2017. Target: 5.700 (the bottom of the High Volatility Zone and inner Lower High trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Recent SGDHKD signal: Longby TradingShot1119
SGDHKD: Long term Buy opportunity on the 1W Support.The pair marginally broke the 1W Support but so far only on a candle wick. Since it has rebounded back above that danger level, we can consider that the Support is holding. The 1W chart has turned nearly oversold (RSI = 27.767, MACD = -0.073, ADX = 36.545) and we treat this as the optimal buy opportunity for the long term. The long term pattern is as you see a Descending Triangle and besides the 1W Support, the Lower Highs are also clear. The first time the price touched the 5.3350 1W Support in January 2016, it rebounded to the 0.5 Fibonacci level of its last Lower High. The 0.5 level is at the moment at 5.6650 and this is our Target. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.by InvestingScope15
SGDHKD Sell SignalPattern: 1D Channel Up. Signal: Bearish as the price reached the 1W Resistance on a similar RSI sequence which previously delivered a drop. Target: 5.7450 (above the 1D MA200).Shortby TradingShot21
SGDHKD Buy SignalPattern: 1W Falling Wedge. Signal: Bullish as the price is approaching the Lower Low zone and the RSI is on bottom levels. Target: 5.7000.Longby TradingShot11
SGDHKD Buy SignalPattern: Channel Up on 4H. Signal: Bullish as the price is rebounding on the Higher Low. Target: 5.7700 (just below the 1D Resistance).Longby TradingShot1115
SGDHKD Entries for medium term scalpingPattern: Rectangle on 1D. Signal: Scalping as long as the pattern holds. Target: Buy Zone at 5.7670 - 5.7630, Sell Zone at 5.8250 - 5.8355.by TradingShot3
SGDHKD Buy SignalPattern: Bullish Channel on 1D. Signal: Long as the price has approached the support (black solid line). Target: 5.8200.Longby TradingShot1
SGDHKD Short OpportunityOur alert on this pair went off today and presents a nice short opportunity! We always want to first make sure that the position we are taking is not highly correlated with our other positions. Once all of that checks out, we should be good to execute. In this case we have a nice 4 to 1 risk reward setup. We want to set a limit order near resistance and wait for price to hit our order. Hopefully we get filled. I will update when/if we get a fill. Remember, keep your positions size and risk within your personal risk tolerance parameters. I recommend no more than 1 or 2% risk per trade. Happy trading! Trade Parameters: Sell Limit: 5.80310 SL: 5.90060 TP: 5.39990Shortby BluePipSquadUpdated 3
SgdHkd Another Long Move AheadQuite Releiable PAttern Bonus is that after a breakout it is having a pullback adding to the longs here Remember this pair is reciprocal to Usdsgd Pair Trade With Care.Longby 2Smart2Trade114