Looking for sell in downside. watch correction and sell. ThankYou
tried to break 0.5 fib line, failed then bounced. broke short-term trend line and closed above it. PPO about to cross. if price holds support at trend line, rallies and closes above 1.4200 level, uptrend may continue. set stop loss below trend line area. good luck!
USDSGD broke downtrendline then rebounded from demand zone at level 1.4132 Pair is in uptrend and above SMA 100 Price is based above HVN at level 1.4166 which indicates that pair is in accumulation phase MACD shows bullish momentum It's expected for opening long trade after exceeding resistance level at 1.4210 to target supply zone near level 1.4414
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.4162). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.4162). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Plan : trendline and resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make...
Looking very intresting for trade setup. Keep watch correction and Buy. ThankYOu
USDSGD Trading Plan BUY - Riks Reward 1:3
USDSGD is in major downtrendline Price broke key level at 1.4215 Pair is based below HVN at level 1.4239 which indicates that price is in distribution phase MACD shows weakness in bullish momentum It's expected to target demand zone at level 1.3873
Plan : wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do,...
USDSGD seems to be tracing minor wave 3 up. If this scenario holds, price should reach 1.45 in up to a week. The odds of this scenario will increase if prices reach 1.432. In case prices crosses down 1.411 this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
ABC zigzag is shaping here The wave B could have been built and we are heading to the north in wave C It can reach 61.8% Fib and 1.272x of A is also there at 1.444
Even though on the M TF there is a huge wick, but the price couldn't penetrate deeper. as we can see on the 4H TF the trend has changed. if the trend doesn't change, we have a chance to hop in. if the price making a higher low without hitting our zone we will cancel this trade. Drop a comment below of you take this trade.
on my previous USDSGD short trade analysis (link attached below!) price perfectly hit the final target and currently, we are seeing price playing inside a rising wedge pattern, here's the plan. good luck! Plan : wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY ...
All details are on the video. Enjoy
Singapore dollar is tracing a primary wave 5 up that should elevate its quotation to the most probable target of 1.5. In case prices go below 1.386 this scenario should be void. FOLLOW SKYLINEPRO TO GET UPDATES.
USDSGD Trading Plan BUY - Riks Reward 1:3