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SINGAPORE DOLLAR / U.S. DOLLAR

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SGDUSD trade ideas

USDSGD a sell opportunity 🦐The price after a minor retracement broke the rising wedge and retested it. Currently the market is moving into a bearish momentum and price crossed the Ema 21 for short. If the market will break below at the retest the structure we can look for a nice short order according to our strategy with a 1st Tp around 1.37 area. ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
Short
by InkyGrip
Looking to go long USDSGD .. the week of 22JuneNothing is 100% in trading but in my opinion, this pair could be turning bullish. A break above 1.3980 and then above 1.4030 will provide a level of certainty to this view and conservative traders can wait for such "confirmation". I am a bit more aggressive and would like to go long if we get a pullback to the upward sloping trend line. In that case the stop can be placed below 1.3930. This will provide a tight stop while increasing the R/R potential considerably. However, if we get a H4 close below 1.3930, that will negate my analysis. If you like my analysis please give it a "thumbs up" and "follow me" to get instant notifications of my posts and updates. As always, please use sound money and risk management in all your trades.
Long
by Trading_Vista
Super triangular patternIn the USDSGD currency pair, we are seeing the formation of a continuing triangular pattern, so we expect the price to continue to move down and touch the following targets. TP1: 1.38322 TP2: 1.37588 TP3: 1.36853 TP4: 1.34584 If the price goes above the triangle, we expect the price to rise to at least 1.40051. But keep in mind that the probability of a price increase is 20%. The analysis is performed on a daily basis and is long-term. 🔸Signal by Yazdani
Long
by hervess