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...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.96690).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDSGD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.96690).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDSGD is in an uptrend, and the continuation of the uptrend 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 (1.4637).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFSGD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.4637).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHFSGD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.82170).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPSGD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.82170).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPSGD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3463).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.3463).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
EURSGD on the daily chart consolidates over a strong support area.
The price recently broke the descending trendline and is now testing a daily resistance.
According to Plancton's strategy IF the price will break above and satisfy the ACADEMY rules we ill set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴...
GBPSGD on the 4h chart after the triple top is testing the 4h support.
The price is trading above the 0.382 Fibonacci level but if the price will break below and satisfy the ACADEMY rules we will set a nice short order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily...
On the monthly we are coming out of a weekly buyzone. Looking for price to retrace the previous high. We are on the low side of the macd with it losing some momentum. It may take a while to reach its target. However, I need to focus on one chart that looked promising on the forex side of things. I don't need to trade everyday. I'm working on my discipline as a...
USDSGD on the daily chart is trading between 2 narrowing trendlines.
The price is now moving in a bullish momentum and according to Plancton's strategy if the market will break above and satisfy the academy rules we will set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵...
>>>>>>>>>>>>>>>>
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Disclaimers:
The analysis shared...
Hold or break, wait for market cue...
>>>>>>>>>>>>>>>>
Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment...
