EURSGD Short Entry 1.5645 SL 1.5692 TP1 1.5617 TP2 Open or when happy with return
on DAILY: EURSGD is sitting around a resistance zone in blue so we will be looking for objective sell setups on lower timeframes. unless price breaks it upward aggressively, then a bullish movement till our next resistance in purple would be expected. on H1: this pair formed an objective trendline in red, and it is now forming a double top pattern. So we are...
Price has reached Strong Resistance level which is also, on weekly perspective, a Fibo 38,2 (Swing Low to Swing High). Prices have been kind of sluggish lately and has a bullish tendency. For now i am waiting for a tiny Pullback to that "Red Box" with short bias. Depending on Price Action and result of retest i'll short or leave EURSGD. Stop Loss above previous...
EURGD is currently sitting around a strong supply zone in red. price is currently trading inside our blue channel, and also formed an objective head and shoulders. we are waiting for a momentum candle close below our blue neckline to sell this one. we also have divergence on MACD adding more confluence to our setup.
EURSGD Trading Plan BUY (Change Plan Previous)
EUR/SGD is looking for a good fall!
Trading suggestion: If the Midterm level 1.5240 is broken, we will close open trades. Price may also reach 1.5240, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This suggestion is not according to our STRATEGY , and depends on personal strategies. Midterm forecast: While the...
Trading suggestion: If the Midterm level 1.5240 is broken, we will close open trades. Price may also reach 1.5240, if price reaches this level, there is a second chance to get more profit and reinvest by Daily-Trading-Opportunities signals. This suggestion is not according to our STRATEGY , and depends on personal strategies. Midterm forecast: While the...
I show you two different zones with buy and sell potential. I will watch this instrument. Maybe we will get a nice trade. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
EURSGD Potential Bullish Movement we are waiting for a momentum candle close above 1.560 to buy this one Reason: 1- Divergence on MACD (still forming) 2- Objective Wedge (in blue) 3- Support and Round Number from Daily (in purple) Three confluences are enough to consider Buying EURSGD, after a break below 1.560 (in gray)
EURSGD Trading Plan BUY - Riks Reward 1:3
EURSGD expected to rise up to 1st resistance at 1.59182 where it could potentially react off and drop down to 1st support at 1.56847. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Parameters : Position Size : % 0.5 Risk/Reward Ratio : 2.98 Stop-Loss : 1.5758 Goal : 1.55713 Zoom in : *** NOTE : Since the gain shears narrow, entry with half the standard position size is recommended. If EURSGD is below 0.618,higher targeted trades will be shared.