Pair: AUDSGD
Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections
Directional Bias: Short
Entry: Continuation Corrective Structure on the LTF's.
⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future results....
In the four-hour candlestick chart, AUDSGD is currently trending downwards. It's risky to short now as it has reached the bottom level . Taking a long position at this support level is a better option.
But remember that, this support area is slightly tested.
Long entry: 0.88641
Stop loss: 0.88002
Target: 0.90603
Thanks & regards,
Alpha Trading Station...
A bullish-type Cypher pattern occurred within the support zone of 0.9140-0.9169.
If the price drops to 0.91085, a bullish-type Shark pattern could occur.
Long after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
We have a decent sized pattern visible on the Daily timeframe with hidden bearish divergence leading into CPI that could take us down to square the lows.
Hello ! AUDSGD Is Going To Resistance Line Of Trend Line . You Can Take Short Position At 0.9210 Area & I Hope It Will Go Down Till 0.9020 Area . So You Can Make Good Pips . Thank You So Much .
AUDSGD price pulled back to Pivot Point Level. Waited for Bull Candlestick to form. Entered the market after Bull candlestick completely formed. Volume increased.
Hello! Here you have a quick analysis on AUDSGD, which is currently moving in an uptrend. We can expect another move up, creating a higher high on a daily timeframe. EMAs and MACD are also bullish, so we have multiple factors of confluence.
A Bullish-type AB=CD pattern occurred within the support zone of 0.9170-0.9230.
(In this support zone , there was a rebound in May 2020, Feb 2020,...)
Also on the weekly chart, Bullish-type AB=CD pattern is occurring.
Long after seeing the rebound. At that time, be careful of re-inversion in the resistance zone of 0.9350-0.9470.
*Harmonic patterns and...
A Bullish-type big 3Drive pattern may occur when drop to 0.9395.
Long after pattern generation and seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
We formed a Weekly Inside Bar on 0.95000 Quarter level. I am interested in Long Positions If Monday Low hold and a breach of the High of the Inside Bar.
The pair is trading near a key area and I believe it will breakout. Currently, this pair is below the MA and is bearish, coupled with gold (Strong correlation with AUD) entering into a bearish condition, I can foresee this pair attempting to trend upwards and then breaking out. This setup gives us a good RTR.
![AUDSGD: Pivot Point [Bull Market on 4H Time Frame]](https://s3.tradingview.com/p/pF9oC2XZ_mid.png "Pivot Point [Bull Market on 4H Time Frame]")
