The upward trend in inflation has prompted the US central bank to tighten monetary policy dramatically. The US benchmark interest rate, which was originally expected to rise by around 75 basis points (bps) in 2022, has drastically changed to 175 bps. For the record, the increase in the US benchmark interest rate has increased by 75 bps. An increase of 25 bps...
Price hit the weekly SBR zone and retraces significantly. BOS on M15 Entry: 1.3745 SL: 1.378 TP: 1.3645
In this update we review the recent price action in USDSGD and identify the next Hugh probability trading patterns and price objectives to target
Price closed above diagonal resistance. Diagonal resistance becomes support after price closed above level.
Price closed above 1.36210. Take Profit at 1.37490. (USD/SGD)
Daily did a liquidity sweep and created an OB+ We are now waiting on H1 for this bullish OB to be retested to give us an H1 bullish trade. GLGT
USDSGD has bounce from the support zone and bulls are all ready to peak the price again. One should adop buy on dip strategy as long as it is above the support zone. Break of which would result in bearish trend. Trade your levels accordingly.
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...
Waiting to when price touches upper end of a potential parallel channel
Looking to sell the USD/SGD Engulfing Candle on the Daily
In this update we review the recent price action in the USDSGD and identify the next high probability trading opportunity
It is possible to reach the target by combining strategies 1 and 2 myself
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. 🔵...
#USDSGD - Red DOA sniper and meter are holding strong on 4hrs We’ve created a double top as well We should see a nice drop on this soon
USDSGD Target Price 1.37490 H2 Chart H1 Chart H3 Chart H4 Chart
USD/SGD: • If price pushes down below our most recent low, it does so impulsively a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's...
USDSGD (Parallel Channel; Exponential Moving Average; Horizontal Support & Resistance)