price is in a corrective phase which is a triangle , minute wave ABCD is done , and we are in minute wave E. i will be looking to short the pair from the end of the wave E
It's been again a long time since we traded the USDSGD pair (October 03 2023, see chart below) but it did manage to give us a low risk sell opportunity:
The price hit today the 1D MA200 (orange trend-line) for the first time in exactly 2 months (since November 17). That is a major pressure level as it is also exactly where Resistance 1 (1.34550) is. The...
That was quite a pretty H4/Daily move, if you are in stay in, if you want to take it probably a new opportunity for today or the end of the week. Am I seeing USD to drop ? Probably yes...
Hey guys! Its your girl forex potatoe again on another analysis.
Last week i posted a sell bias for USD SGD and its now confirmed on my images you would see the confluences and reason for my bias
Entry: The bearish engulfing is too huge so i would prefer to see the imbalance filled from lower timeframes so i can enter with lesser risk. If you are interested in...
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
Hey Guys! its your girl Forex Potatoe here we go again on our daily Analysis
USD SGD is currently on a downtrend on the 4H and 1hr timeframe, but 15mins time frame is currently in an uptrend with the last low broken.
price is on a downtrend on two Timeframes so i am currently looking at taking a sell on the 15 mins or 5 mins timeframe.
We can see price trading...
WHATS GOING ON EVERYONE! Hope you are having an amazingly blessed weekend so far! I know I am. Just wanted to get on here and provide some values for you guys with a potential setup I see here on USDSGD. I've done a few posts on this pair the last couple months but I see a nice setup here and wanted to give a little more in depth breakdown of what I see...
20 year triangle break on SGDUSD, not a whole lot I need to say about this. I think the next 10-year trend starts now with limited downside for USD sellers. I don't think it will take 10 years to get to 0.88, I think it can happen in 3 years or less.
Hi, studying the graph I identified the entry point, highlighted by the yellow circle.
If the price bounces off the resistance and reaches the yellow circle level, then following the BLUE arrow, I will enter with a BUY.
I plotted TP and SL on the graph.
RISK/REWARD set at 1:4.
Further updates coming soon.
Hey everyone! Hope you have had an incredible weekend so far! Just wanted to come on here and post a potential mid-term swing opportunity here on USD VS SGD (SINGAPORE DOLLAR). So I posted analysis on this pair for a short a few weeks ago and now is coming into that TP.
When I'm looking at this pair I'm actually now seeing some potential upside on USDSGD. When...
In the price, which has begun to break the downward channel upwards, we might observe a minor decline alongside the pre-rise retracement of the DXY. Subsequently, with the data expected during the week, we anticipate a rapid ascent towards the 61.8% level.
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Last week, i mentioned about USDSGD having to make more downwards movement (in my tradingview stream), this coming week i believe it would be the same considering the break of the support and currently just tested and seems rejecting it.
Let's see how it unfolds next...
Hello
The analysis is based on Elliott waves
The price is now at the end of 3 corrective waves
For a more detailed review, we refer to the lower times, pay attention to the updates of this analysis
Upon conducting a top-down analysis of USD/SGD, my findings suggest a persistent downtrend in the pair. Based on this trend continuation, the analysis indicates a substantial selling opportunity for the currency pair. I recommend taking the time to carefully review and consider this analysis
