EURSGD. BERISH CYPHER PATTERNPossible bearish cypher setup
Potential Larger price rejection at 1.52500
We can also have a Minor price rejection at 1.52000 it's also a 78.6 FIB (1.52164)
Potential target 1 at the Minor price at 1.51000
EURSGD trade ideas
EURSGD: Waiting for the breakoutHi guys,
Keep an eye on this one for a breakout. This move up looks like a corrective leg in structure, breaking out above structure could start an impulse to the upside
Thank you for your support.
EURSGD- stage is set for a wave c bounceWave 4 of intial move will be the target.
Wave c will be strong and bring to 1.72
EURSGD Clear bearish signTraders,
Seeing bears taking over at the resistance line and 618 fibonacci level.
We saw an nice retracement after a strong impulse leg.
Likely to see another strong move to the downside!
Could be a long term trade!
Best regards,
EURSGD - Shooting star rejecting multiple resistance levelsLooks like a really clear bearish signal rejecting previous S/R level, a Fib 68% retrace level and a long-term downwards trendline.
A previous bearish engulfing signal on 26/8 failed as there were still too many over enthusiastic bulls around after the pairs phenomenal upwards move the previous week, causing the price to drop to do a fib 38% retrace and attempt to push higher. But clearly there is strong resistance around 1.5300 and we're now ready to move, hopefully to the lows again, giving us a decent 300 pips.
Good luck!
EURSGD Great oppertunnity to short!Traders,
I Noticed a very nice oppertunnity to get short on EURSGD.
This pair is moving down for a while. We got a nice retracement to the 618 level and the resistance line after the impulse leg.
The candle´s of this week showed bearish strength.
Very likely that we see some nice downside movemend in the next weeks.
Thanks for the thumb up :).
Have a great weekend!
eur sgd shortlike to short this pair after leaving the zone again...i prefer a TL touch before..
TL is from daily TF
EU referendum Price on this currency pair is squeezing as a triangle pattern is starting to form. The corner of the triangle is hitting on a very important date, the EU referendum (23rd June). Be ready for a big reaction on this currency pair.
EURSGDWill that bat pattern complete ? not sure
Wait ...
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