There are too many long candles and sudden changes in trend today. I won't be trading for now, although I'm keeping an eye on SGDJPY. If I spot a trade signal there, then I'll consider trading. However, I'm also staying alert for signals in other currencies, there might be a change later on. Disclaimer: I'm still on a demo account. Once I reach my target amount...
Summary The Yen continues to weaken. The USDJPY is now at a 25-year high. The Details The Bank of Japan (BOJ) intervention could happen any week, meaning some big moves on JPY pairs. I am expecting at least a 500 pip bearish move on USDJPY 💥 If there is no intervention, USDJPY may reach as high as 155-160 before the BOJ changes interest rates to strengthen...
In Singapore a slight majority of analysts expected a 6th consecutive tightening move by MAS in order to tackle inflation, so the pause along with the conservative MAS statement on the inflation outlook saw a weakening of the S$. - Gold extended gains amid USD weakness; The US dollar index is testing one year lows at 100.78 during the morning. - Nikkei...
-SL @ 107.10 🚫 SSO1 @ 106.25 ⏳ SSO2 @ 103.88 ⏳ TP1 @ 95.78 (shaving) MP @ 90.45 (shaving) TP2 @ 90.45 (shaving) TP3 @ 86.52 (closing ALL Sell Orders) BLO1 @ 79.00 ⏳ BLO2 @ 75.46 ⏳ -SL @ 73.80 🚫
Hey Guys, Just like EURJPY (inserted below) SGDJPY is going to give a short-term retracement as shown in my chart before the bullish rally continues. Follow for more. Cheers, David
🟢 SGDJPY TF: 4H Side: Long SL: ¥103.727 Entry: ¥104.02 TP 1: ¥104.254 TP 2: ¥104.471 TP 3: ¥104.740 SGD is gaining strength as JPY is going through correction.
hey and good luck for everyone divergence in daily timeframe first target is 100.500 and maybe 95.600
HELLO GUYS THIS MY IDEA 💡ABOUT SGDJPY is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this long position.. and when the price come back to this area, strong buyers will be push up the market again.. UPTREND + Support from the past + Strong volume area is my mainly reason for...
SGDJPY $SGDJPY Continuation Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
SGDJPY $SGDJPY Initial Long. SL and TP on chart. 10-30x leverage. Move SL on TP.
SGDJPY had Previously forms (BOS) and Now testing the ORDER BLOCK Area Where the Institution Sell Orders are Placed. So That's why We are seeing SGDJPY Going Downside
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (86.44). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (86.44). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as...
SGDJPY trend is bullish, we can expect sell from Monthly Fresh Supply, After sell entry we can sell it till the lower Demand.
Hello traders, The pair SGDJPY is near completion of the measured ABCD level. When price reaches the targeted zone, we could go to the lower timeframes and see if price gives us a reason to open short positions.
Prev week created 2 candle FVG This week mitigated it with a Breaker-
Weekly created a 2 candle FVG, 2H retested it and created a Breaker- in the process. We want entry before the opposing 2H objective is reached