Hi traders, As of this moment I'm starting to see bearish behaviour. We are below 200ma on the daily and we have hit 50% Fib. Only problem is we are at a key Support level. If we break below that it will be a water fall.
EURSGD - Break out...Coming soon! EURSGD - Technically it's brewing for break out to either direction. We are currently within the ranges of Highs: 1.44965 Lows: 1.41187 If we are to break the lows, expect the recently low areas of 1.37625 to be target areas. If we are to break the hight, expect the the two key resistance areas to be tested and to be target...
EURSGD $EURSGD Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
EURSGD LONG - Buy Entry - MN Chart Buy @ Market Symbol: EURSGD Timeframe: H4 Type: BUY Entry Price: Buy @ Market TP - Resistance @ 1.51471 TP - Resistance @ 1.50513 Support @ 1.48981 Support @ 1.48298
Daily time frame. Structure: Uptrend. Break Key Level, retracement, and confirm uptrend with Inside Bar. Buy order with this setup. Target is next resistance at 1.63000. ------------------------------------------------------------------------- Wish you all have a good trading day!
EURSGD has beautifully followed Elliot wave principle and is following Elliot wave too it has completed its first wave and is going to complete its 2nd and will rally now on for 3rd wave so guys get ready for the bigger profits keep trading, keep making money..thank you.......
EURSGD broke out of the falling trendline. I expect the price to keep rising from here as the price is trading above the 50 EMA on the weekly, daily, and 4h charts respectively.
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The price finally broke out of the ranging rectangle. I am shorting it.
Simple setup here, broke the channel, coming in for a retest. Text book. 👍👌
In this clear uptrend, we can identify a triple top once the prices overcame that important resistance level (on the left side) which to me can turn into a solid support now. Let's wait for the prices to retrace from the last descent to enter a safe trade with a nice r/r ratio (2.60).