Trade ideas
USD/SGD (Is Sing Dollar an another paper tiger?)View On USD/SGD (10 JULY 2020)
We are still in the overall BULLish trend (if you see this pair in 6 months or more time frame), and it might be the chance for you to get in on the BUY side.
I see 1.37-1.377 as a support region.
It shall retake the 1.41 region again.
DYODD, all the best and read the disclaimer too.
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USDSGD Break-out Sell SignalPattern: Channel Down on 1W.
Signal: Bearish if a full 1W candle closes below the 1W MA50.
Target: 1.35000 (just above the Symmetrical Support Zone).
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Most recent USDSGD signal:
USDSGD short trade ideaon my previous idea, the setup was reached the stop-loss level and we are trapped inside a triangle pattern. ideally, this pattern might bring the price to go lower but we need more evidence before placing any sell order, here's the plan :
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 independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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GWBFX






















