EURSGD ____ INCOMING BULLISH RALLYHello Guy,
Looking to trade EURUSD but are in doubt, just look at this pair instead it's well structured.
Have a profitable week.
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Cheers,
Jabari
Continuation Trade On EURSGDEURSGD started consolidating at the beginning of September and then broke below this range 14 days later. Price retraced back to the lower boundary of the previous range and is currently holding below.
This is a good indication that selling pressure remains strong. As long as price is holding below
EURSGD Buy 15 Minute ConfirmationThe 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame
The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold
Fib Retracement confirms a target to the Long side
Take Profit is Derived from Pivots
EURSGD has printed Bullish AB=CD PatternEURSGD has printed Bullish AB=CD Pattern on 1HR chart. Entry Point along with Stop Loss are marked on the chart. Divergence is visible on RSI.
EURSGD Buy 15 Minute ConfirmationThe 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame
The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold
Fib Retracement confirms a target to the Long side
Take Profit is Derived from Pivots
EURSGDEURSGD I'm expecting the market to hit the reversal zone of 0.786 area before it continue to its trend. As we can see from other markets EURO gaining strength.
Market Confluence:
RSI DIVERGENCE
Fibonacci
Key Level Area
Trendline
Price Action
Elliot Wave
EURSGD: Bullish Conitnuation (Cup&Handle)Cup&Handle formation printed during bullish trend and as no divergence seen so it seems continuation may continue after break out and goes upward potentially.
Rising WedgeAs the chart shows the bearish divergence and also we observe rising wedge pattern hence we can predict bearish reversal
EURSGB Reallignment tradeI expect more weakness in the EURO down to that demand zone prior to moving higher back into the swing high.
EURSGD - Sideways (Buy/Sell Limit)After Bearish trend printed last LH and LL the trend goes to end and market gone into range. To trade in a range it is better to place both Buy/Sell limit orders to minimize risk.
See all ideas
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