This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Waiting for a completion of the Elliot wave completion near or at the flip zone, and price to make new weekly low and monthly low. Also waiting for a reversal pattern to occur before confirming the bias.
Swing Long on CHFSDG
Confirmations:
- Making a double bottom on daily TF
- RSI is oversold on daily TF
- Already made a reversal on 4hr TF
Entry - 1.49552
TP - 1.53181
SL - 1.48433
Hello traders,
We have yet another great market set up to take advantage of. The CHFSGD has been consolidating in a falling wedge. We have since seen an opportunity to take advantage of a trend violation on the daily timeframe. Should we close above the trendline today, we are definately bullish unti we reach our target set at 1.48927, this target was set by our...
After a period of consolidation, where the price remained range-bound, CHF/SGD has now surpassed key resistance levels, signifying bullish momentum. This breakout suggests that the pair is ready to resume its upward movement, possibly gaining further strength.
In terms of price targets, there are three notable levels that could act as objectives for potential...
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
Dear Traders, I am assuming AB=CD Bullish Harmonic Reversal Pattern on CHFSGD 1 hour time frame chart upon FIB ratio and if Point B break, I will take a Sell Stop entry as per my trade plan, and D would be the PRZ potential reversal zone. I will take a buy entry if PRZ is trigger with divergence between Price Action and RSI. 2nd trade plan would be update if my...
