USDSGD AB=CD completed and pulled back to 0.618 level around 1.35586 will be a good area to short SL : 1.3580 TP : Follow arrow
At this moment on USDSGD Daily Chart USDSGD is moving on a sideways market movement and it ranges between 1.3456-1.3609. USDSGD has been ranging for the past 3-months a break of the market movement is certain. There are 2 possibilities of its movement, an appreciation of USDSGD is more likely the and continuation of a bearish move. If the market break and close...
USDSGD came to key support. Fakey and pin bar confirmed.
Price near key level 81.47 - Downtrend - Price bounced from mirror level
While USDSGD began the past week of trading with a downward moves, these were quickly reversed by the end of the week and the price ended up where it started: Clearly, traders can see over the past few months that USDSGD prefers to trade within its range of horizontal resistance at around 1.3612 and of support between around 1.3442 and 1.3473. Bull bear indicator...
Moving averages suggest we have some more way to go down as we continue a strong downward trend. Moreover, the strength of this slide is notable. Resistance from February was broken as was resistance from January AND price action also broke a trend line from back in 2018. In spite of this, RSI and stochastic suggests we are poised for a rebound as both are...
Pattern and Signal: Bearish after the price was rejected on the 1D Resistance. Target: 1.35000.
The 4 hour timeframe of the USD SGD is investigated in this analysis covering over 3 months of price action from December 27, 2018 to current date. A symmetrical triangle is used to describe market action, specifically from January 24 2019 onwards. The implication of the chart pattern above is a stalemate between USD SGD bulls and bears, with eventual price...
In this video update, we take a look at USDSGD as we identified a potential head and shoulders pattern forming. Price is now sitting at the neckline resistance and if we see positive US data today the neckline could be broken, leading to further upside.
The pair is trading on a 1W Channel Down (RSI = 42.533, Highs/Lows = -0.0041, B/BP = -0.0178, MACD = -0.002) which is close to pricing a top based on a recurring bearish pattern inside the channel. A new Lower Low should follow so we are going short, TP = 1.3400. ** If you like our free content follow our profile (www.tradingview.com) to get more daily...
In this video update, we take a look at USDSGD and how the trade posted in our telegram is progressing. If the daily chart closes higher we can look for short term trades going forward on the 1hr chart. Wait for the daily close to look for pullbacks on to structure highs.
Possible trend reversal is happening in USDSGD. Loooking for a favorable entry level at around Gartley entry level.
The pair is trading on a 4H Inverse Head and Shoulders (RSI = 52.384, Highs/Lows = 0.0000). The rejection near 1.36160 was strong and is a sign that the patterns aims at completing the Right Shoulder. Our TP is 1.35055. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Bearish Sell Zone falls within the Bearish Shark Pattern and let say if head and shoulders form up, the long completed back into the sell zone. The Hollywood of trading will be short all the way to right shoulder and long it up to Bearish Shark and short it back down again. Well, I DON'T DO THAT! Tomorrow, 13 Feb 19 we are going live on Facebook at...
POSITIVE MA 1 AND 4 HOUR CHART SO BUY FOR SOME PROFIT TODAY
USDSGD - 3a - 190202 - SHORT - OANDA - AT - 4H - (RRR 3.67)