EUR/SGD Price fall after Breakout Support - SHORT EUR/SGD after the retest on the previous trendline and the Breakout of the Local support, the price falls down. Stochastic in overbought ready to drop meanwhile the RSI still in bearish side.
EURSGD trade ideas
EURSGD $EURSGD Initial ShortEURSGD $EURSGD Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
EURSGD Long Opportunity - Wait for newsEURSGD has been travelling in Bearish narrowing channel.
Any positive news outcome potentially magnifies compressed bounce.
Wait for confirmation by break of channel high before entering long position
EURSGD Long Dragonfly DojiIf valid indication of previous support found at base of descending channel, high probability of bullish retracement to centre of channel.
EURSGD UPDATE Price make an impulsive move to the upside and drop back to the QML level, i expect price to rally to the upside as wave 3 after breaking the ending diagonal chart pattern
EURSGDprice created FOZ and rejected at the qml, i expect price to move to the high before moving to the higher high
EURSGDprice created FOZ on the weekly chart. and last week the price dropped to the QM level. it is expected to reject the demand level and rally to the upside
💡Don't miss the great buy opportunity in EURSGD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4968).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66
Take Profits:
TP1= @ 1.5128
TP2= @ 1.5196
TP3= @ 1.5299
TP4= @ 1.5401
TP5= @ 1.5511
SL= Break below S2
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💡Don't miss the great buy opportunity in EURSGD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.4968).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURSGD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66
Take Profits:
TP1= @ 1.5128
TP2= @ 1.5196
TP3= @ 1.5299
TP4= @ 1.5401
TP5= @ 1.5511
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURSGDPrice formed FOZ and it is expected to go more down to hit the QML line before any form of rejection to the upside which will bring up a swing trades in coming weeks or month
EURSGD 20/03/2022Monthly:
-Price is rejecting monthly lows.
Weekly:
-Over extended M formation.
-Bullish Weekly candle.
Daily:
-Bullish M pattern.
4H:
-Bullish M pattern.
-IC.
EURSGD SHORT -TERM ✅OANDA:EURSGD
This is a short term deal!
Drawn boundaries mean target.
Drawn lines mean a return on price.
Do not forget that you can not trade without a signal because this is an analysis.
IRFOFC
EURSGD AnalysisEURSGD looks like has completed its corrective move. I will take a chance to short on these levels
EURSGD Long Position_1H Time FrameIdea is to take long position since there seems to be support available at the current level.
EURSGD Bullish patternThe candles indicate that the bullish pattern could continue for some time for this pair.
EURSGD: 22/02/2022Monthly:
* Monthly lows
* Inv H&S pattern
Weekly:
* Inv H&S pattern
* Found a strong SnD zone
Daily:
* Inv H&S pattern
* SnD zone alining with 61.80
* Doble bottom
4H:
* Inv H&S
* last daily candle could get filled
EURSGD, bearish hidden divergence possible soon.The EURSGD pair might show a bearish hidden divergence soon, please wait for confirmation from MACD cross though.
The last hidden divergence worked admirably well as indicated on the price chart. The horizontal yellow lines are showing area of support, very much respected as of recently.
On the fundamental side, the ECB, while increasingly hawkish, is definitely slower than the Singaporean central bank to tighten their monetary policy, therefore the fundamentals are also bearish.
This pair is an exotic pair, so pay attention to your broker's spread and swap rates.
EURSGD LONGThe price is currently in the middle of 5 waves and 5. Wait for the 5 waves and 5 to end, and go long.
EURSGD Trendline and 73 fibo zone long - Buy low!Buy low sell high the saying goes and what a great opportunity on this pair for just that. Plus meeting the rules for entry on a geometric trendline and fibo zone notably my preferred 73-78.6 for a nice correction long on the daily chart. Great risk reward on this one, that's what we like.
eursgdeur is oversold and it will be bullish for long time although maybe eurusd will touch 1.1 but usdsgd will be bullish more and its safe to buy eursgd and u can even sell sgd jpy lower risk i shared before
