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Eursgdlong

EURSGD - Bullish Trend - 1 Hour Time Frame Based on the chart, it appears that there is a bullish trend forming as evidenced by higher highs (HHs) and higher lows (HLs). Further analysis using the Relative Strength Index (RSI) indicates that there is currently no divergence present. With this in mind, we recommend taking a long trade with a risk/reward ratio of 1:1. To execute this trade, we suggest entering a Buy Stop order at 1.46468 with a Stop Loss order at 1.46036. To manage risk, we recommend using a Lot Size of 0.25. In terms of profit targets, we suggest setting Take Profit 1 at 1.46907 and Take Profit 2 at 1.47345. Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
Long
by mansooryousafzai
EURSGD signal (long)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. target: 1.61 stop: ~1.598 (depending of ur risk). ALWAYS follow ur RM . Good luck everyone! Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to your questions or suggestions(Looking for investors!).
Long
by trytofeelpositive
EurSgd LongThe case is evident from the chart. Similar to my EurUSD chart, we are in the middle of the wave 3, of the wave 5, of the greater trend. My reasoning behind this is stated below: 1: A very clear extended third wave can be seen. All of the rules and guidelines for an impulse wave have been followed. 2 does not retrace beyond the start of 1 3 is not the shortest wave 1,3 and 5 are not all extended. 4 does not move into the price territory of wave 1. We see a deep and long wave 2, and an alternating wave 4 that is short and shallow. The target for the wave 5 is the 3.414 -3.618 fib extension of the primary wave 1. Using the mika.k time technique I anticipate this will happen sometime on april 14th, from 11-21:00. My concerns with the time technique for this chart, is that the wave 4 of the primary trend has been very hard to identify. I will only know if my wave 4 termination is correct depending on the termination of the wave 5. If the wave 5 moves to my target within the time I predict, it confirms that my wave 4 was accurate. My other concerns with this chart, is that the wave 5 doesn't end up moving to the 3.618 extension of wave 1, but instead stops at around 1.60595. This would happen in a situation where the bullish momentum isn't as great as I forecast it to be. If the bullish momentum for wave 5 dies down, we can see it going towards the 1.60657 target, but if the momentum continues further, I believe a 3.414 -3.618 target from the primary wave 1 is possible. My final concern is that the wave 4 I have outlined isn't as picture perfect as I would like it to be. It doesn't show a clear corrective form. I assume that this isn't that bad, since it could imply that there is a lot of bullish momentum.
Long
by Mika_k
EURSGD - BUY - 4H SupportEURSGD - BUY - 4H Support - BUY LIMIT ORDER BUY LIMIT ORDER @ 1.59192 Stop Loss @ 1.58792 Take Profit @ 1.60505 reward-to-risk ratio 4 : 1 ------------------------------------------------------------------------------------ 🔺 Disclaimer! The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
Long
by UnknownUnicorn5418842
EURSGD approaching support, potential for a bounce! EURSGD is expected to drop to 1st support at 1.51545 where it could potentially react off and up to 1st resistance at 1.51847. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Long
by Pepperstone