Follow on price and take your profit guys! Goodluck & Safe trade!
The US Dollar has been appreciating against the Singapore Dollar since the beginning of 2018. This movement is bounded by a rising wedge. Considering technical indicators flash bullish signals on the 4H and 1D time-frames, it is very likely the pair upside momentum starts prevailing within the nearest time. The most probable upside target during the following...
Currency rate broke down triangle and made a pull back to it. We can open Short for continue of down moving at 1.3637. I think the price will move down to next key level 1.3528. T/P: 1.3536 S/L: 1.3674 R:R — 1/3 P.S. Push like and subscribe if you want to get nonifications about my signals.
USDSGD: Downward. D1: - Structure: Uptrend - Weakening - Test resistance weekly, given signal down - Candle: Double high low close --> Down!
USDSGD: Downward. D1: - Structure: Uptrend - Weakening - Test resistance weekly, given signal down - Candle: Double high low close --> Down!
USDSGD Buy Idea @ Monthly Demand Zone (1.36587 - 1.36176) Buy Limit: 1.36588 Stop Loss: 1.36002 Take Profit: 1.37751 Risk Management = 0.01/$100 Recommended Leverage not to exceed 1:50 Recommended Risk Ratio 1:1.5 – 1:3 Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level Close partially the contract once it...
The pair is approaching a good level at the 200 SMA and both trend lines converging on the same spot after a small H&S pattern. An impulsive break lower could take us to the 38.2% retracement.
The US Dollar has gained 3.30% against the Singapore Dollar during the past few weeks. This strong appreciation allowed the pair to reach a new one-year high and provide another confirmation of the upper channel line at 1.3727 early in July. By mid-Thursday, the Greenback had returned to re-test this high and subsequently breached it to test the 1.3740 mark....
Now that we've retraced 50%, we need to break resistance.
One of the exotic pairs I will focus on for this week. Price is in a triangle formation, where ill be watching for a pullback for price to gain momentum break resistance & make a higher high..
This one is a clear Breakout by seeing only the Price Action. :)
Hi, as you can see, there is a strong level on that level which I mentioned with the rectangular line, the price has been rejected couple time and may reject more and price will go down for the period of time after a while triangle broken. Good luck!
Dear Friends, After forming double top USDSGD trading in channel with lower highs and lower lows. For more details please look in to the graphs. Have a safe trade!!!
USDSGD is on a 1D Channel Up that has just priced (or nearly) a Higher Low (RSI = 52.669, ADX = 15.724, Highs/Lows = 0). This suggests that it is ready for a rebound-leg above the previous Higher High at 1.37500. Our long's TP is 1.38500.
EURSGD is forming a rising wedge. Cheers!
Bearish BAT on FX_IDC:USDSGD 0.00% already completed. But i'm waiting for an opportunity to enter.