EUR/SGD LongInto higher timeframe support.
The take profit is the moving average so will come slightly lower over time.
Eursgdsignals
EURSGD ____ INCOMING BULLISH RALLYHi Guys,
I'm sure most of you are unfamiliar with this pair, however, this pair has some good price movement at play that could provide nice trading opportunities. We just had a bit of a sell-off for the past weeks as prices entered a strong weekly/monthly supply zone.
This sell-off brings the price to a key daily demand zone of which the price is meant to cool off bearish steam.
Looking at my chart, you will notice that price is currently sweeping sell-side liquidity and by the time this sweep has been satisfied, the bullish rally will begin.
I expect the price to get into my POI (blue box) before I start looking for CHOCH from bearish to bullish.
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Cheers,
David
EURSGD Sell SignalPattern: Channel Down with a long-term bullish Channel.
Signal: Bearish as the MACD is on a negative cross.
Target: 1.5500 (short-term) and the 1D MA200 (long-term).
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EURSGD Sell SignalPattern: 1W Channel Down.
Signal: Bearish as the RSI was 30.00 on each of the previous Lower Lows.
Target: 1.48100 (1M Support).
