GBPSGD is creating a bullflag between the weekly structures. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure...
"Adam and Eve" is a secondary reverse pattern which may have different representation. In the ideal version it resembles a double top with the particularity that the second maximum is rounded, smoother, slightly decided.
Another important difference with the double top is given by the asymmetry in time between the two maximums, the Eve phase can last longer than...
GBPSGD mine own perspective so what's your consideration on the price movement please comment in the below section ?
I believe that. So what is your expectations in comment below.
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Short trade on Daily timeframe for GBPSGD (Swing trading-Long term).
Naked trading with trend line breakout (orange-color line) in bearish bias.
Zig zag peak point is reached and forming another bearish line.
RSI already on the downward momentum.
Price is currently at important resistance level.
Trade details (2 options of entry):
Entry option 1: 1.81811 (early...