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U.S. Dollar / Singapore Dollar

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USDSGD trade ideas

USDSGD 1h AutoUFOs™ Trade Alert! 24 April 2020Basic Approach: -Long Entry @ 1.4235 -Protective Stop Loss @ 1.4210 -Take Profit @ 1.4275 Rationale: -Buy Un-Filled Orders (Green UFO ) available in the 1h time-frame -Sell Un-Filled Orders (Red UFO ) further above allowing for the current trend to continue developing Boosting Options: -Trade in the direction set by the overall Market Environment -Select Take Profit Targets located at a reasonable/achievable distance -Higher time-frame key price points such as moving average values or Fibonacci retracements coinciding with the entry price -Confirmation-style Market Order execution after waiting for price to travel in and out of the entry UFO -Apply Trade Management techniques to lock in profits once the trade begins moving in the right direction -------- They are many ways on how to trade, but prices would not move unless Un-Filled Orders (UFOs) get filled. Join our YouTube Channel ‘tradewithufos’ and be notified of upcoming live trading sessions. Disclaimer: We do not provide investment advice, nor provide any personalized investment recommendations and/or advice in making a decision to trade. Before you start trading, please make sure you have considered your entire financial situation, including financial commitments and you understand that trading is highly speculative and that you could sustain significant losses.
Long
by UnknownUnicorn3937504
USDSGD long trade ideaon my previous USDSGD short trade analysis (link attached below!) price perfectly hit the final target and currently, we are seeing price playing inside a rising wedge pattern, here's the plan. good luck! Plan : wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
USDSGD technically based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 USDSGD technicaly based idea, we can see price is bounce from supp line - trend line, 3 tops are created, candels foramtion strong bearish, technicaly indicators showing we can expect higher bearish market continuation from here. 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
by UnknownUnicorn3983388