Hey traders, in today's trading session we are monitoring SGDJPY for a buying opportunity. As it is fulfilling the criteria of dow theory. So this is the confirmation to jump in.
good morning all market down trend bearish market also resstence daily timeframe sell to hit target tp= 100.800
hey all we have in sgd/ jpy bearish also have in macd big divergence in macd down but in chart style up its great oppotunity to sell to hit targrt target 94.300
Weekly: -Bullish M pattern. Daily: -IC. -M formation. 4H: -Bullish M pattern. -IC.
HELLO GUYS THIS MY IDEA 💡ABOUT SGDJPY is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this long position.. and when the price come back to this area, strong buyers will be push up the market again.. UPTREND + Support from the past + Strong volume area is my mainly reason for...
The bot signalled a double confirmation long on SGDJPY but looking at the chart I have my doubts. USDJPY is clearly the stronger of the two and has moved back above the inflection level, where as SGD is looking weaker after falling below INF and showing some bearish price action. Interestingly however USDJPY didn't signal from the bot, so the difficult decision...
CLASSIC KINGS CROWN REVERSAL PATTERN We have a retracement of 61.8. General Rule 38.0/50.0/61.8 retracements targets are 1.618 Projection. Here we are looking to terminate just before that Level.
We have a Head and Shoulders on the RSI that if performs well would signal a Lower High Double Top and have us break below the B level then accelerate price down to the 88.6% Retrace below.
Short position taken due to following observations; 1. Bearish trend as per Dow theory 2. Respect of 0.618 Fibonacci Level 3. Bullish AB=CD not found
SGDJPY $SGDJPY Continuation Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
The market is in inclining position there is opportunity to make some profits by riding the trend.
The trend was inclining so there was an opportunity to make some profits. Took Entry at 98.477 at 2022-06-21020:48 PST Raised the SL to 98.59 Target Profit: 99.50 Buy Volume: 3.01 Net Earnings before trend changed $ 248.97
June 13th is futures contract expiration. I'm expecting some major volatility for Yen this month. SGDJPY must break 90.750 area to confirm a reversal. In the event of a reversal, I'm targeting 86.000 area.
SGDJPY $SGDJPY Initial Long. SL and TP on chart. 10-30x leverage. Move SL on TP.
Bearish breakout : Entry price 91.809 Take Profit 90.041 Stop Loss 92.494
Bullish breakout : Entry price 94.655 Take Profit 95.046 Stop Loss 94.441
SGDJPY had Previously forms (BOS) and Now testing the ORDER BLOCK Area Where the Institution Sell Orders are Placed. So That's why We are seeing SGDJPY Going Downside