price appears to have hit resistance, so ill be taking a 1:1 RR sell position on this pair.
CHFSGD Falling Wedge Formed Two entries with 1 percent of account risk.
Good day traders, Although we are currently bullish on the lower timeframes, swing traders are looking at the overal out look of the CHFSGD. The CHFSGD has been consolidating between our Support and Resistance levels for a couple of years now. It has recently respected our resistance level creating a possibile bearish trendhike. We saw a bearish confirmation it...
CHF/SGD is on major resistance and has formed a inside bar in 30 and 1H timeframe Sell: 1.4457 SL: 1.4475 TP: 1.4395
A bullish-type Pattern5-0 occurred near the support zone of 0.6980-0.6990. If the price drops to 0.6942, a bullish-type Bat 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
A bearish-type big Pattern5-0 occurred. If the price rises to 0.69168, a bearish-type WhiteSwan pattern could occur. Short after seeing the rebound. *Harmonic patterns are automatically detected using the indicators below. - Harmonic auto-detect PRO
Market is creating LH and LL. Market can go down and create another LL
A bearish-type big Cypher pattern occurred. If the price rises to 0.7174, a bearish-type big Shark pattern could occur. Short after seeing the rebound. *Harmonic patterns are automatically detected using the indicators below. - Harmonic auto-detect PRO
This is a pure digital signal processing signal just as are every other signal I post. ZERO other factors are considered in producing this signal. Entry reasons: SGDCHF is showing momentum and confluence of mean reversion crossing up the 70 day price mean. Exits and SL: TP and SL on chart. Move SL on TP. After TP2, trail with 0.5xATR step and 1.5xATR offset.
Chfsgd bulish trend, feel free to follow me for future analysis.
Review of our Target to 1.118 & 1.27 extention zone reveals a posible HARMONIC PATTERN. Still looking for possible SHORT before we trade LONG around 1.42000
CHFSGD has formed a monthly hanging man on the resistance followed by weekly bearish engulfer with a daily head & shoulder and breakout from this daily head & shoulder with bearish engulfer. On the opening of the new trading week, on the retracement, there could be a selling opportunity on the lower timeframe.
CHFSGD on the monthly has formed a hanging man with a lower high. It is a high probability that the price will bounce from the resistance with a lower high or with a false breakout which we could see daily bearish price action on the resistance. If you find value in this idea, press the like button.
Long position taken after observing following; 1. Dow theory bullish trend