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EUR/SGD prediction 1st of July

Shuael Publicado 28 May como análisis en EUR/SGD, Objetivo: 1.49800, Fecha: 1 de Julio, 12:00 GMT  en #Technical analysis #EUR/SGD #Trendlines #Supply Demand #Channels #Downmove
Weekly chart::
On the weekly chart i draw some long term trendlines which syggest a future down move of the price.
Daily chart:
On the daily chart i draw the possible scenario , considering also some important support and resistence zones-
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Shuael avatar
Shuael 30 Jun

Update: The price is very near my target, it's moving down right now, let's see how it will react tomorrow, waiting for a retracement.

Shuael avatar
Shuael 1 Jul

Update: Price reached my target right now it's moving down, let's see if it will regain some strenght before 12 gmt

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Trade strategy

iggy_ua Publicado 13 Ene  en #Trader's blog #Support #Resistance #Trade #Profit #Channels
It's hard to trade forex as any other markets based on the indicators without understanding the price action.
The better way is to apply simple and more predictable methods
The suggested trade approach is based on the channels and support and resistance lines. Do not look for fancy indicators, apply most evident easy to use tools.
1. Draw a channel on the main chart on H4 and a channel of the RSI indicator.
2. Do the same on H1. If the channels have the same direction, wait to join the trend. I…
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Puesto que usted no está conectado, no sabemos su idioma, pero suponemos que es inglés
Por favor, ingrese o elija otro idioma para traducir la lista.

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