I expect SGX in the short term to pull back towards 8.70 as long as it is holding below 9.38. After which, we should see a bounce reaction from 8.70 towards the alternative case target at 9.75. Essentially, this is 2 trading ideas in 1. Part 1: SGX to push down towards 8.70 Part 2: SGX to bounce and move higher to 9.75 thereafter. Reason being that price is...
Sell on strength Buy: 52.75 SL: 53.65 Price expected to pull back towards 61.8% retracement (entry) before breaking below ascending trendline support and then continuing the drop towards 50.55 level. Price is below what I call the natural moving average and MACD seems to be turning downward, heading into bearish territory as well. Cheers.
Long NZDUSD Entry: 0.66195 SL: 0.65820 TP: 0.66800 Price testing 61.8% Fibo retracement level and also ascending trendline support. Breaking above descending trendline resistance will see price explode to the upside target of 0.6680. Trade safe everyone. Cheers.
Long Silver Price coming back to test ascending trendline and Fib retracement 61.8% Good level to enter to play a push up.
LONG USDJPY Price is above EMAs and MACD is also approaching and seems to be crossing above 0. Price is also holding above a short term ascending trendline support. I will enter on pullbacks and targets are based on key Fibo retracements. Very nice R/R as well! Please DYODA (Do Your Own Due Analysis)
Short GBPJPY Price testing descending trendline resistance and close to 61.8% Fibo Retracement. MACD is in bearish territory as well. Please DYODA (Do your own due analysis)
SHORT EURUSD Reacting right below key Fibo Retracement level Also testing short term descending trendline resistance Momentum Indicator RSI testing resistance. Take profits also line up with Key Fibo levels
Short EURUSD Trend reversal confirmed on the 1H chart. Awaiting a pullback to short and play it lower.
Long Venture Entry: 15.50 TP: 17.40 SL: 15.25 Price reacting above ascending trendline support. Price also holding above both short and long term EMA MACD also entered bullish territory. Price needs to surpass 16.10 in order to validate a clear bullish rise.
Short USDCAD Entry: 1.31535 TP: 1.3108 SL: 1.3176 Market below EMA and also reacting below descending trendline resistance. MACD also starting to show a bearish crossover. This is just a short term trade however.
Short EURUSD Entry: 1.11675 TP: 1.1114 SL: 1.1183 Long EURUSD Entry: 1.11235 TP: 1.11820 SL: 1.11040 First time trying this. 2 trade ideas in one chart. OVERALL BULLISH BIAS Market testing resistance and also in a strong supply/demand zone (grey box). A short term drop is expected. Market expected to drop and test ascending trendline support where we can...
LONG AUDUSD Entry:0.68815 TP1: 0.695 TP2: 0.698 SL: 0.6858 Look to long AUDUSD on any pullbacks. Market holding above ascending trendline support and also EMA. I've already protected my initial position.
Short BCO Entry: 61.48 TP1: 61.02 TP2: 60.04 SL: 61.87 Price is now below what i call it's "Natural Moving Average"© MACD momentum is starting to turn down showing possible bearish-ness. Breaking below trendline support (TP1) will open further drop towards TP2.
LONG EURNZD Entry: 1.75500 TP1: 1.76870 TP2: 1.77550 SL: 1.74695 Playing a short term bounce after a pullback for this pair.
SHORT OCBC Entry: 10.77 TP1: 9.75 TP2: 9.08 SL: 11.15 Market holding below natural moving average and descending trendline resistance. MACD in bearish territory Trade safe guys! Feel free to reach out to me if anything! Cheers **Trading is a high risk activity. Follow my personal calls at your own discretion. Always do your own due diligence and analysis. I...
SHORT Venture Corp Entry: 15.42 TP1: 14.85 TP2: 12.93 SL: 16.10 Market reacting below descending trendline resistance. Trade safe guys! **Trading is a high risk activity. Follow my personal calls at your own discretion. Always do your own due diligence and analysis. I do not take any responsibility for your losses**
SHORT Gold Entry: 1510 TP: 1407 SL: 1522.20
Long GBPUSD Buy: 1.2325 Stop Loss: 1.2195 Take Profit: 1.2668