Price broke above previous highs , long continuationPrice has made new high in daily chart , wait for pullback and confirmed support in order to enter long setup .. In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan . Longby AariTech32
USDSGD - Bullish - Descending right angled broadeningWith the recent big financial assistance package and the recent news of possible recession in coming quarters, through the economic cycle, the SGD may be weakening to overcome potential inflation rise. If this is true, then this formation of possible right angled TA may become bullish in time to come. Potential target is shown. What do you think? Feel free to share your thoughts comments box. Note: This is not financial or investment advise. It will be good to always understand the risks involve in trading. Always trade with stop loss in place. Thumbs up if u like the analysis :) Longby Smartis224
USDSGD, Tight Stop-> ShortGoing for a tight stop, triple top scenario and looking for it to reverse trend. Shortby TheBulltrader4
View on USD/SGD (18/2)Price is at overlap resistance zone. Waiting for price to break below 1.385 to create the 1st LL. Will short on retrace after signs of bearish is seen Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We,Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activityShortby sonicrmastery3
Broken above previous highs... Continuation or Rejection ? Price has broken above previous highs , but as we can see in chart last time when it did made new highs price got rejected towards previous lows , this suggests that we should apply cautious approach to this PAIR , Wait for confirmation of breakout and then long otherwise look to short on rejection. Educationby AariTech35
USDSGD. PRICE NEED TO BREAK NECKLINE FOR MORE UPSIDE MOVEMENTPrevious trade was invalid as price formed a triangle and broke upwards. Formed a inverse head and shoulders with a neckline just formed. Price need to break above neckline to be bullish Moving into triangle = bearish Current: Neutral. waiting for set upby TrainingTrader3
USDSGD. OVERBOUGHT BUT IS THIS A REVERSAL?USDSGD peak as the USD strengthen and the SGD weakened due to the coronavirus situation happening in SG. However price is weakening as price broke below the uptrend channel, retested and formed lower lows and lower high. (a new downward channel) Price has been respecting this new downward channel and just recently reversed from the trend line and 50EMA @ 30mins. Expecting price to further decrease when the bottom trendline is broken.Shortby TrainingTraderUpdated 4
USDSGD - Upwards Trend EndingBreakdown of large upward trend resulting in clear forming top. Will wait until this is confirmed before entering. Risk to Reward of 1.83. Shortby benbattledore3
USDSGD Looking to enter a shortPrice bounced from Daily and Weekly high TP1 at 1.3812+,(first Fib line)Shortby mcstar4
USDSGD IS IN SUPPLY ZONE. GO SHORTIT IS SHOWING A CLEAN SIGNAL TO MOVE TO THE DOWN SIDE. SO SELL THIS RISK 1 - 2 % Shortby GOLDHUNTER-FX4
USDSGD short, price reacts to the daily resistance level!Plan : wait for price to bounce off from daily resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX Shortby GWBFX69
USD/SGD huge resistance zone Went short yesterday and added to my position. The currency has now gone below the 200 and 50 moving average on the 15 minute chart. This IS a BIG zone and right now the Risk to Rewards is nearly 2x reward. Initial take profit area is at .382 fibbonnaci at 1.373 but overall I am looking for near 50% retracement at 1.3630. With potential double top, I see this as higher probability trade on the daily and weekly timeframe. Shortby TheBulltrader5
USDSGD...Sell opportunity at Weekly key pivot levelLook to sell towards key support levelShortby HungDo8