This idea was first posted on Dec 20 but was hidden as I unknowingly violated one of TV's house rules and the idea was hidden. Reposting for everyone's reference as USDSGD seems to have bottomed out in the mid term.
Having cleared the last bearish fibo downtrend at the 1.618 level, USDSGD is hovering at around this level. An initial rise followed by a...
This idea was first posted on Dec 10 but was hidden as I unknowingly violated one of TV's house rules and the idea was hidden. Reposting for everyone's reference as we get closer to the tgt profit level.
Due to request from user tubeSound, Shanghai Composite was analysed and seem to have turned long midterm.
Having cleared the 2.618 fibo level in the previous...
EURUSD fibo bas been faithfully hitting 1.618 / 2.618 levels before trend turning since 2017 (scroll backwards to see fibo charts). However this is a tricky one, with EURUSD hitting a double fibo dip prior to this trend turn to bull.
It did a perfect 61.8% level retracement and looks set to continue towards 1.618 level from here.
Midterm target: 1.1470
1st...
Having faithfully hit the fibo levels of 1.618 and 2.618 in last three waves before turning direction, EURJPY looks firmly in a bull trend midterm with level above 123.90 as the immediate 1.618 target.
Current entry level with support (stop loss) at 119.50 will give a 3X risk reward.
Good luck and please like this post to support more ideas in future! =)
