USDSGD Bullish TrendUSD/SGD is trading in a bullish trend - Currently near its Higher Low, Possible Next Targets are mentioned in the chart.
USDSGD trade ideas
USDSGD (Bullish Trend)After Bearish Trend, the market is making up consecutive Higher Highs and Lows, which indicates towards Bullish Trend.
USDSGD HOT PROJECTIONThis market is in a current dominant downtrend. Price action dictates an exhaustion in the short-lived uptrend correction and a continuation of the downtrend. The daily trendline aligns with the current price and the short trendline drawn using the 4hr and 1hr timeframe signifies a possible entry for a lengthy downtrend continuation for the week.
USDSGD - Long from HTF support zonePotential Power of 3 reversal trade.
This is only the first touch of support zone and price could still go lower even if this pattern plays out.
Good luck.
Maybe a correction underway Awesome opportunity on USDSGD long opportunity. Price hit strong monthly support. A correction is possible.
Let's see how it plays outDollar is getting stronger while the stock market appears to pull back. It may take a few day to climb up, but it is worth to open a small position and add after consolidation.
USD TO SGD short term chance is comingUSD TO SGD short term chance is coming,
20230127--USD/SGD (1.45-1.312)1.312=10.5%
moving 9.0%---- 10.5% in four month , rebound to 1.345---1.365 chance is high
USDSGD-Getting ready to shoot for 1.5 ?DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't 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
small trade idea on this pair. USD/SGD might be going down a bitprice might be breaking away from what seems to be a bearish flag formation, also a small resistance turned support region (now again resistance, maybe). I'm waiting for rejection before entering on this short trade .
USDSGD BUYPrice at HTF double bottom zone with Inverted head and shoulders pattern
My entry
USDSGD Buy
Entry: 1.3200
Sl: 1.31750
Tp:1.33872
RRR: 1:7.5
USDSGD Possible drop to support levelUSDSGD Possible drop to support level.
Logic behind analysis :
1. Long term downtrend
2. Daily Bearish engulfer
3. 4H Head & shoulder on resistance with liquidity grab
Summary : A sell trade is high probable as per chart analysis.
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USDSGD Engulfing Candlestick | Entry Price 1.34566Bullish Engulfing Candle formed at Support Level. Enter a long position.
USDSGD, long position, H4 intervalI expect a breakout of the designated resistance and an upward move.
The green last weekly candle also indicates future growth (I think).
TP around 1.3750
GG
P.S. This is not financial advice of course, just my idea.
USDSGD Preparing to BreakdownUSDSEK is setting up in a Potential Bearish BAMM and is currently Below the POC and 200 Month Moving Average, this will kind of be a bet on the upcoming FOMC but i think whatever news we get will be used to dump the US Dollar and break down.
Perfect automated detection of WhiteSwan pattern - LongA bullish-type big WhiteSwan pattern occurred within the support zone of 1.3410-1.3550.
Long after seeing the rebound. At that time, be careful of re-inversion in the resistance zone of 1.3830-1.3970.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
USDSGD coming back for a retestAfter USDSGD has escaped the ascending channel and the head and shoulders pattern, it is now touching an ascending trend line starting back from Sept 21 and touched again on Feb 22, also touching a 23.6 fib level,
currently looking to retest the previous support (neckline) and a 61.8 fib, which is now resistance @1.366, and also the lower channel line. Which was broken earlier.
in a 1-hour time frame appears to print a divergence on the RSI indicator, which indicates that we might have a change in the direction
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Feel free to share your thoughts in the comments, and kindly support the idea with a like. Your support is greatly appreciated!
GOING LONG IN USDSGDAscending channel visible and trend line is getting respect so taking taking trade on HL
TREND OVERALL IS BULLISH.
🟢 USDSGD - 4H (09.11.2022)🟢 USDSGD
TF: 4H
Side: Long
SL: $1.39610
Entry: $1.39858
TP 1: $1.40277
TP 2: $1.40690
TP 3: $1.41024
USD is gaining strength again so it's time to start buying it.
#USDSGD long#midterm trading idea
as you can see price recently test a very important static support area which has been tested 3 times before from above.
price took out liquidity from the lowest low of 3 bounces and failed to close below an arrow that we have on the chart. also if you check weekly timeframe you can see also price tested a 200 EMA as well and didn't close below EMA neither.
for taking this position:
1- we need a bullish engulfing candle which shows that bulls are back.
2- a bearish corrective to test supporting area
3- taking a position in direction of the primary trend which base on DOW theory is still intact and we still dealing with bullish market.
it is important also to have a look at DXY chart to make sure it holds above 104.620
trading idea is invalid if:
1- price close below 104.620 on DXY on Daily timeframe
2- price close below 1.3659 on USDSGD on Daily timeframe
