CADSGD is rangebound since 6 April with no clear HH or LL. To trade the range there are 2 scenarios, either one, if executed will cancel the other scenario.If it breaks the support to the downside sell order should be executed at S2 or if it breaks the resistance to the upside buy order should be executed at R2. Support and Resistance levels are clearly marked on...
NOTE: TP1 has already been secured. This is a new position for some and add-on for others. MO @ 0.9926 - TRIGGERED BSO @ 0.9933 ⏳ BLO1 @ 0.9921 ⏳ BLO2 @ 0.9900 ⏳ TP1 @ 0.XXXX - ALL POSITIONS SHAVED BY 25% TP2 @ 1.0056 TP3 @ 1.01728 TP4 @ 1.0250 🔑 BLO = BUY LIMIT ORDER BSO = BUY STOP ORDER ITF = INTERMEDIATE TIME FRAME MO = MARKET ORDER TP = TAKE PROFIT...
Hello Traders, We have a situation whereby there are multiple confluences for this bullish move. To start with, on the monthly chart, we can see that price is retracing while forming an 'M' pattern which will complete at the monthly demand orderblock which is a 'W' pattern. This simply means that we should expect bullish price movement. On the weekly chart, we...
After just starting the bullish trend by printing 2 HHs and 1 HL trend ended and price goes in a range and left printing New Highs/Lows.
CADSGD is showing range bound movement since 25 Jul 23. Trade plan has been prepare for both bullish and bearish breakouts as shown on the chart and levels have been marked. Entries have been placed on breakout of S2 and R2 for long and short entries respectively.
Bearish trend continuation is signaled by bearish engulfing candle, which can be a potential short entry position.
CADSGD trading in a bearish trend on a 1h timeframe by making a series of Lower Highs and Lower Lows.
The pair has started showing regular higher highs and higher low patterns after a trend reversal point as mentioned. CADSGD will touch these profit levels as per the analysis of the current trend.
I'm going to place a buy stop above yesterday's top. Stop loss below yesterdays low. If the price exceeds yesterday's high, the buy order will be triggered. Risk Reward 1:6.
CADSGD was previously in a bearish trend but the price showed bullish divergence and formed a double bottom and the trend changed. Currently the market is in bullish trend. And we can enter this market at the Entry Price 0.9849 which is Fibonacci level 0.382.
CADSGD Bearish towards point D of Harmonics Take trade only 1% of your account.
Bearish trend making LH LL and respect the trendline.
A bullish-type Butterfly pattern occurred. If the price drops to 0.97606, a bullish-type DeepCrab pattern could occur. Also on the daily chart, bullish-type Butterfly pattern is occurring. Long after seeing the rebound. *Harmonic patterns are automatically detected using the indicators below. - Harmonic auto-detect PRO
CAD/SGD in bearish trend it's making LH LL and it also respect the trendlines moving within the trendlines.
CADSGD is showing a bearesh Trend at 1H Time Frame. You could possible take the entry at 0.99058 and set the Stop loss at previous L.H which could be 0.99439 and your risk to reward ratio is 1:1 and your Tp1 is 0.98697
CADSGD is showing a Bearish Trend in 1H Time Frame, making consecutive Lower highs and lows. Entry Point would be 0.99144. You can Put Stop Loss at Previous Lower High which is at 0.99497 and your First Tp would be at 0.98791 and 2nd Tp would be 0.98438 and Your Lot size at $10k would be 0.53.
Looks like good support on the monthly chart with a good stop loss and p/l ratio.
CAD/SGD - The price dropped below the lower boundary of the descending triangle. The target is around 1.00