- USDSGD is bouncing from a Resistance
- Broke the counter trendline
- Overall trend is bearish
- ( Candlestick ) Bearish Signal
- Plan is to go short
- Take the trade when your rules are fulfilled
A BEARISH MOVE is probable in this market.
USDSGD - Buy Entry - D1 Daily Chart
Buy @ Once a Higher Low is confirmed - Wait for pull back
USDSGD mS1-Y1 @ 1.3206
Stop Loss @ 0.5% to 1% of your Account Balance
Take Profit @ A long term trade, as a turn on the Daily, and Weekly charts
Take Profit @ I will update when to close - Follow me to receive updates ✅
Please support the idea with a Like...
LEARNING ELLIOTT WAVES IS LITTLE BIT TOUGH (FOR ME IN BEGINNING) BUT I TOOK IT AS A CHALLENGE AND THAT IS NOT IMPOSSIBLE ALSO...
First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the...
usdsgd 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.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
Learn forex then thought to does earn
Stay With me
Stay With trading
During 2020 the Singapore dollar strengthened against the US dollar from 1.3453 to 1.3211.
According to economists at MUFG Bank, neutral SGD NEER policy is likely to be maintained which should dampen Singapore dollar gains.
we can see short trade progressing towards the downside, baring the weakness of the USD continues.
This neutral policy will set the tone for...
Plan: trendline and support level breakout --> wait for the price to bounce off from 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...
Price has been in a downtrend but it is looking like we may have a reversal/breakout happening.
The 50MA has crossed over the 200MA on the 4hr and may be pulling back to the 200MA on the Daily.
Will be looking for my buy entry on the higher low/50MA on the 4hr chart and 1hr for candle confirmations.
Entry AREA 1.33360
SL 1.33008 (35Pips)...