Hi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis. Also let me know your thought in the comment section what you...
Weekly chart is showing a flip zone with risk reward 1:3 which is a good one and worth the wait. I will set the price alert and wait for this price. Good luck.
On the monthly time frame price broke the monthly resistance of 1.4294 that have been rejected multiple times since November 2004 and is now testing it as support. The Swiss franc against the Singaporean Dollar cross pair is also helped by a bullish trend line support that have helped in pushing price higher. On the weekly time frame the 1.4294 support being...
1) price has broken the trendline and after a breakout , a retracement is expected 2) after the retracement , market will be bullish
Hello Fellow Traders, Here is a Full Updated Analysis on CHFSGD Conditions - 1. Wait for confirmation(Wait For Price Action Confirmation / Break of structure ) 2 .Use Risk Management (Risk 1% of your capital) 3. Do your Own analysis! 4. Entry on The 4H Timeframe! 5. Show some support Below! Let Me know if you have any Questions or Comments Below Happy Trading &...
A similar picture to its Euro pair counterpart. A recovery with a massive drop pattern. This one looks like it's running just ahead of the SGDCHF assuming both pairs to reach same end points fractally. A larger zigzag or flat is forming, I believe.
CHFSGD is rejecting daily resistance, the resistance of about 32 candles in the 4h period has already declined down, you can see that the 200 MA line is oscillating steadily across. So at the moment the pattern is above 50 MA so I don't see any clear starting point, however as there is a head and shoulder pattern I suggest you get a short oder if the neckline is broken.