We have just touched a pivotal support line. Last two touches of this line in March 2019 & January 2020 both resulted in decent Elliot Wave runs (January was huge). We are likely seeing the 1st wave forming right now, add this to your watch list and get ready to take advantage of the pull back and the big take off of wave 3.
Plan: wait for the price to bounce off from demand zone --> 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 many of the USD pairs this week, USD/SGD has shown a lot of strength, from it's lows at the start of the week it has risen 236 PIPS. Price broke to the upside from a descending daily trend channel last week, and this week price has broken again to the upside from a falling wedge. Both good indications that we may be seeing the start of a trend shift. Due to...
Hi all traders, This is a video analysis on usdsgd. As usual, i have warn some pretty nice levels for you to take the trade for usdsgd. In addition, i have added a small little nugget in the video for traders to understand why usd is gonna be stronger. Hope you like the video analysis. *****Follow me on tradingview for more video analaysis****** ****Like and...
Hi all traders, I hope you have a good day with all the pips from fomc. Now that fomc have settled, this is a trade analysis i have for you all on usdgsd. Please take note of the levels i have informed in usdsgd and trade those levels carefully. Please also help to like and share this video with your friends. Follow me on tradingview for more video...
I see a quite significant weakening of this momentary downtrend on USDSGD, as the indicator shows us, reason for which I believe a long entry could be seen in the next weeks. I'd like to split this trade into two: a medium term one and a long term one. The first one has a 4.00 Risk/Reward ratio which is not bad to me, instead the second one has a more than 3 ratio...
Have to watch this support line very clearly. The strong support that was tested 3 times prior.
Nothing is 100% in trading but in my opinion, this pair could be turning bullish. A break above 1.3980 and then above 1.4030 will provide a level of certainty to this view and conservative traders can wait for such "confirmation". I am a bit more aggressive and would like to go long if we get a pullback to the upward sloping trend line. In that case the stop can...
USDSGD has confirmed a good pattern SHS. BUY : 1.39700 TARGET : 1.40800 STOP LOSS : 1.39370 Wish you good deals!
Plan: wait for the price to bounce off from trendline or 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 independent investment decisions. ...
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!
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
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,...
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 ...