USDSGD 1hr Reverse Head and Shoulder

2017年5月3日

USDSGD forming reverse head and shoulder (libra) on the 1hr chart

2017年5月3日

註釋

Double top forming on 1hr. It could be a short instead if the current candle breaks below the neckline

2017年5月4日

註釋

Finally broke out of channel after moving sideways for weeks

2017年5月5日

註釋

USDSGD broke out of channel and range. Currently holding steady above 1.4 before the French election. The Euro has a 2/3 chance of falling after the election with a Macron win already priced in and possible Le Pen upset. From there, I expect DXY to take a new trend with USDSGD possibly reaching as high as 1.48



TP1: 1.412
TP2: 1.423
TP3: 1.437
TP4: 1.454 and beyond

2017年5月8日

註釋

Watch out for a potential retrace to 1.40, longer trend is still towards 1.43

2017年5月8日

註釋

If 1hr pin bar holds, probability will lean towards a breakout/ consolidate before upwards.

2017年5月9日

註釋

1.411 and going strong

2017年5月9日

註釋

First target hit. Now onto the next target 1.423

2017年5月11日

註釋

USDSGD retracing to 618 of May8th to May 11th uptrend at 1.406. Good to long the pullback.

2017年5月12日

註釋

USDSGD touched 618

2017年5月13日

註釋

Congrats to those who took the short setup from 1.409 (May 11th) for a quick profit. USDSGD has now retest the upper channel and bounced. I suspect that it will range along the upper channel before going up (replicating the pattern from April 10th.

2017年5月16日

註釋

Zooming in, looks like USDSGD is retesting the channel. However, don't really like what I'm seeing. Dollar is weak and there is no catalyst for it to get stronger. Dollar bulls will go to sleep until signs shows that bears are exhausted.

2017年5月16日

手動結束交易

2017年5月17日

註釋

USDSGD retest channel trend line. Gravestone doji on the 1hr chart. That being said, the overall tone for dollar is negative. Best to wait to watch.

2017年5月17日

註釋

Sorry, wrong chart (again). My bad