This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
Following up from my previous post on the 21st of April This trade has progressed along my expectations, as indicated by the three orange circles, there were two retest and the one that's highest contained a bearish engulfing formation on the 4H chart , which also formed a lower high of 1.36596 in comparison to the high that was formed on 16th April of...
For USDSGD The initial retest on breaking the triangle seems to have been completed. Price action seems to be still ranging between 1.3635 and 1.3595 from the start of the week till now, and the lower boundary as illustrated by the lilac box has been tested multiple times from the start of the week till now. My position remains same as before I am still short...
So for USDSGD, an harmonic pattern has formed, with the top of 1.36720 being retested and forming a lower high of 1.36591. I have added another indicator on this chart and currently said indicator aligns with my outlook of shorting USDSGD. If we were to short this position we would be looking at: 1:2.64 ratio at the 0.382 profit level @1.34746 & 1:3.78 ratio...
The USDSGD pair has been trading within a Channel Up pattern (blue) since the February 02 2023 Low but on December 28 2023 it posted a Lower Low, so we have to consider the possibility of an emerging (dotted) Channel Down. As a result, the trend remains bullish but technically we should be careful and only target the top of Channel Down at 1.37350 (symmetrical...
Harmonic pattern forming on USDSGD day chart with potential turning region at 1.36380 - 1.35945 Will be monitoring hopefully price will go touch 1.36395 and retrace then will be a good opportunity in selling
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
FX_IDC:USDSGD Education do not trade on this info PLEASE .
USDSGD is in Bullish Trend, printing HH's and HL's. Taking the support from trendline and expected to print further HH's and HL's.
Weekly: -Inverse H&S pattern. -IC. Daily: -Bullish M pattern. 4H: -4H imbalance overlaping with the daily imbalance.
Tradingview Ideas: Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. As mentioned in my streaming, i mentioned that usd has no major change in its price structure, likely more upside and bias to long for the majors. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you...
Divergence. Above emas on daily above emas on weekly & monthly SAXO:AUDZAR FX_IDC:USDPLN OANDA:USDSGD mt
Hey guys! its your girl forex potatoe, i have posted this analysis sometime back and the price never really held as there was no clear direction. So now here is a longterm position or swing trade on this pair with a very clear buy direction Confluences: Double or W pattern RSI Divergence Price currently above the moving averages Third touch Let me get your...
USDSGD trending Bearish on 1 hour chart making Hanging Man.
Weekly: -Inverse H&S pattern. -IC. Daily: -Bullish M pattern. -Inverse H&S pattern. -IC. 4H: -IC. -Market shift.
USDSGD IS IN BULLISH as it close bullish hammer on HL side in 4h time frame
The rise initiated in the dollar, triggered by the higher-than-expected U.S. CPI data, also propelled an upward movement in USD/SGD. Technically, the price has broken the long-term downward channel upwards and is currently finding support at significant Fibonacci levels in both the downward and upward directions.