Daily and H4 Charts: Bearish
M30: Re-entry opportunity
1) Chikou span just crossed the kumo
2) Price < kumo
3) Bearish TK cross
4) Bearish kumo twist
5) Price < 200 EMA which points slightly downwards
a) A few candlesticks ago, there is a bearish spinning top with a very long wick.
b) Although Chikou Span is 'free' in open space,...
This one will take some patience, but the analysis is beautiful. Another setup is hidden in a minor pair!
Remember that two sniper wins out of 15 will more than double your money. IF you hit SL, do NOT re-enter.
Risk management is very important.
The BIG move will be short once we reach TP3 - I will post closer to the time.
Good luck, trade...
Did you miss us, wolves?🔥
There is a great formation only for you!
Running Flat on EUR/SGD.
However do not rush the trade and wait for the clear signal.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
Follow the chart and look for the breakout...
Singapore Export Prices for August increased 14.2% annualized, and Singapore Import Prices increased 12.8% annualized. Forex traders can compare this to Singapore Export Prices for July, which increased 12.9% annualized, and Singapore Import Prices, which increased 12.9% annualized. The Singapore PPI for August increased by 17.0% annualized. Forex traders can...
🌟we didn't check the fundamental news as we want to focus on a technical format education in this idea and rely on that
🌟we decided to teach this format in an elementary level that can be used by majority and all you need is basic info about technical analysis
🌟the descending channel is the parallel channel which trapped our chart and currently retested several...
Most of the time many traders don't want to trade EURSGD or other types of exotic currency pairs. There are many reasons. Some brokers offer very bad trading commissions or wide spreads. Some others have very bad overnight rates. But anyway a nice pattern is always worth trading as long as you know your trading costs.
Thank you and Good Luck!
Daily time frame.
Break Key Level, retracement, and confirm uptrend with Inside Bar.
Buy order with this setup.
Target is next resistance at 1.63000.
Wish you all have a good trading day!