EUR/SGD 1H Chart: Pennant
The common European currency is advancing against the Singapore Dollar in a little pennant pattern that formed in the result of announcement of information on the US CPI last Friday.
Since the pair is moving in a continuation pattern, then breakout is expected to occur in the northern direction.
The length of the subsequent...
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& analyzed it again
- it`s always your decision ...
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This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
more 4XSetUps @ 1482 Major Cross-Rates (741 on both sides) @ my GOOGLE Drive
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Aaron
AUDJPY on a DOWNTREND here, identified 3 possible SHORT ENTRIES
Advanced Pattern
A possible BEARISH BAT PATTERN. ENTRY @89.26 (Purple line)
ABCD Pattern
Using XA as the impulse leg, i identified ENTRY ZONE 1, between the 71.8 and 61.8 RETRACEMENT OF XA. However, i do not feel that this entry zone will be hit, given that it has already been tested 4 times....
BEARISH CYPHER PATTERN completed on the 4H and 1H time frames. Abstaining due to existing position on this pair. However, if a RSI DIVERGENCE occurs, may consider taking a small position to short this pair
A simple BULLISH BAT PATTERN forming on the AUDCAD
LONG ENTRY @0.92608
TAKE PROFIT @1.01670 RR Ratio= 4.74
TARGET 2 @0.98566 RR Ratio= 3.15
TARGET 1 @0.96166 RR Ratio= 1.86
STOP LOSS @0.90661
