Hello Trader, Here is the full analysis of USDSGD : 1) On the 4hr chart we can see it as formed Cypher pattern and possible reversal expected. 2) Price is in a strong support zone and can test this zone for up move and if it respects this zone one can expect up move in the stock . 3) If it breaks the support then wait for the next retracement downside to take...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.4162). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDSGD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
USDSGD is making some kind of a price action pattern and now it is likely to go and touch the upper circuit of the pattern , if we get a clear confirmation , we can take a sell
LOOKING FOR SMALL SETUP 1:1 RR AS DOUBLE BOTTOM FORMATION IN USDSGD
It has been a long run up, Now time for a pullback. Respite for SGD. Good Luck
can take 2-3 weeks to show a negative candle. if candle close below the 1.36538 than go short . profit and stop loss targets are given in the chart. it will be a long term trade.
HI GUYS WAIT FOR THE BREAKOUT ...THENWE GO FOR SHORT...TARGET ALSO DESCRIBE..THANKS
wait for the bearish candle near red arrow ..this is over strong resistance level...
wait to break 61.8 fib extension level..let the market retest the breakout then go for short till second target...market having double top...strongly reject from resistance area...
wait for channel to break and then we go for short...target is over 88.6 retracement near 100ma..thanks
wait for the breakout even the RSI showing us down trend...buy green arrow that is over strong support...
in daily their is a engulfing candle..market already retest its 61.8 retracement...
hi guys wait for today candle close. .if market close today engulfing candle then go for buy.. ...
SGDUSD - 1 HR - HEAD AND SHOULDER - Failure will make the price movement to downside so we can enter the SHORT trade with RISK REWAD as 1:1