USDSGD buyThe market is now finishing its correction. I'm trading up now. I have designated a buy zone. The price is already in the zone. I also marked target. I opened positions
USDSGD trade ideas
USDSGDDue to the formation of a channel and the review of the price in high time frame, we expect the price to go down, and due to the weak movement of the market and the holidays, we are witnessing a slow movement.
USDSGD DESCENDING TRIANGLESHORT trade analysis on USDSGD .
Graph is looking bearish from resistance area - retest on Triangle breakout . Price completed Descending Triangle Pattern and already retested , which signalizes bearish continuation . Bearish Engulfing Candle also indicates sell on the chart. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
USDSGDOn the monthly we are coming out of a weekly buyzone. Looking for price to retrace the previous high. We are on the low side of the macd with it losing some momentum. It may take a while to reach its target. However, I need to focus on one chart that looked promising on the forex side of things. I don't need to trade everyday. I'm working on my discipline as a trader and am learning how important it is to just calm down. I like the DXY gaining strength towards the end of next year with interest rate hikes. I like the positioning of this chart. I will be patient and will update this chart as I see fit.
Not Advice. Good luck!
USDSGD Triangle TradeIn this update we review the recent price action in the USDSGD and identify the next high probability trading opportunity
Currency pair analysis usdsgdIt is possible to reach the target by combining strategies 1 and 2 myself
USDSGD looking up 🦐USDSGD on the daily chart is trading between 2 narrowing trendlines.
The price is now moving in a bullish momentum and according to Plancton's strategy if the market will break above and satisfy the academy rules we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
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USDSGD Target Price 1.37490 Entry Price 1.36920USDSGD Target Price 1.37490
H2 Chart
H1 Chart
H3 Chart
H4 Chart
Long UsdsgdUsd has been strong lately and Usdsgd have done a decent pullback and formed a reversal pin. Cot data on Usd Index also shows closing of short positions.
USDSGD Target Price 1.37490 (Parallel Channel)USDSGD (Parallel Channel; Exponential Moving Average; Horizontal Support & Resistance)
USDSGD Target Price 1.37490USDSGD Horizontal Support Level, Diagonal Support Level, Dynamic Support Level
USDSGD Momo Do or DieIn this update we review the price action in the USDSGD and identify some high probability trading opportunities
USDSGD Exponential Moving Average and Trend Line Foreign Currency
Trend: Up
Level: Diagonal Level, EMA 10 Level, EMA 20 Level
USDSGD | Trend Level; Horizontal Level; EMA 10 EMA 20 LevelUSDSGD | Trend Support Level; Horizontal Support Level; EMA 10 EMA 20 Support Level
Entry At Rejection Candlestick
USDSGD Market Is Bullish.
USDSGD Triangle Chart PatternUSDSGD Foreign Currency Pair
Trend: Up
Level: EMA 10, EMA 20, Diagonal, Horizontal
USDSGD Target Price 1.36324USDSGD Pin Bar Trading Strategy
Up Trend
Exponential Moving Averages (Dynamic Support Level)
Horizontal Support Level
Pin Bar
The confluence factors are TREND LEVEL SIGNAL.
TREND: UP
LEVEL: Horizontal Support, Dynamic Support
SIGNAL: Pin Bar
USDSGD- Waiting for a breakout in a TRIANGLE formation.Market Commentary:
LEARNING ELLIOTT WAVES IS LITTLE BIT TOUGH (FOR ME IN BEGINNING) BUT I TOOK IT AS A CHALLENGE AND THAT IS NOT IMPOSSIBLE ALSO...
First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the trend is bearish or bullish, if i am expecting the correction...book the profit there and wait the correction to end and again go with the trend....DONT TRADE THE COUNTER TRADE SETUP...you will took loss too...try to identify the short term pull back and the long term pull back after that took small lots in the short term PB with strict stop and go with big lots in the trend side that is long term. I WONT TOOK ALL THE TRADE PLAN SHARED HERE...
Read the market commentary inside the chart what i shared here carefully and try to learn Elliott waves...otherwise its tough to understand the market commentary and my analysis. I wont give a entry, stop loss and take profit in my chart...it is only for EDUCATIONAL PURPOSE and i am sharing how i am analysing the pair and labelling them according to the Elliott wave theory...I AM JUST SHOWING THE TREND HOW IT MAY GO AND MY VIEW(it may wrong too)..so DON'T FOLLOW BLINDLY MY CHART. Take this as a reference and if it correlate to you strategy took the trade as per your strategy...DON'T ASK ABOUT YOUR RUNNING TRADES i wont comment on them and I WONT SUGGEST TO TAKE MY TRADE SETUP.
I am a technical analyst based on trendline, channel, fib retracements, expansion, stochastic for divergence, EMA's and MA's are finding the pull backs and MAJOR IS ELLIOTT WAVES...those mentioned above are using as a TOOLS only. I am not a fundamental, sentimental trader...but only the fundamental will boost my technical analysis to reach my target or sometimes it will go against me and then i will manage the trade according to the Elliott waves alternate views...Each and every trade plan i am sharing here has a alternate view and i am sharing only the most probabilities(70-80%) here...sometimes the other (20-30%) may market do..then i will change the wave counts and labelling according to the price action.
All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
USDSGD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 in my next analysis.
