Buy low sell high the saying goes and what a great opportunity on this pair for just that. Plus meeting the rules for entry on a geometric trendline and fibo zone notably my preferred 73-78.6 for a nice correction long on the daily chart. Great risk reward on this one, that's what we like.
eur is oversold and it will be bullish for long time although maybe eurusd will touch 1.1 but usdsgd will be bullish more and its safe to buy eursgd and u can even sell sgd jpy lower risk i shared before
EURSGD on the daily chart consolidates over a strong support area. The price recently broke the descending trendline and is now testing a daily resistance. According to Plancton's strategy IF the price will break above and satisfy the ACADEMY rules we ill set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴...
The market is going down. The price is in the short zone. I am waiting for the price to come back higher and then I open a short one.
About the same as EURUSD if you believe it is going long. chart shows my thoughts.
The main trend is down. I expect a correction to this move. I have marked the zone and positions, I am waiting for the price to enter
Daily and H4 Charts: Bearish M30: Re-entry opportunity Sell conditions: 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 Main concern: 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,...
I will open buy pos from support. so i just waiting bull pattern.
Hi team 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...
EURSDG forms a pinar on a zone . The idea iz to trade to tthe next zoe
Price has broken the trend-line. Now price is developing higher highs and higher lows. I expect price is going long.
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!
🌟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...
Market structure + support level. Looking for buy set with multiple wick rejection showing depletion of sellers and rejection of the structure
EURSGD Currency Pair Breakout Target Price 1.59038 Retest Level. Support turned Resistance. Price Action Signal. Pin Bar and Engulfing Bar. (Fibonacci Retracement Levels)