Travelling to Europe any time soon?

<div><div>Good morning everyone, </div><div>I was just preparing for a meeting with some business owners this afternoon and was comparing the Euro Dollars against our Singapore Dollars, so as I can share my thoughts on the currency movements with them.</div><div>It is like a perfect storm in the making. The EURSGD looks to rally on all 3 fronts. First let's look at the Weekly chart for this pair:</div><img src="http://static.wixstatic.com/media/11e264_32fd592f41e946b099e11e5f97726e22~mv2.png" /><div>We are now currently at the PRZ, the pair seems to have found the support here at 1.5000 for the past 2 months since November 2019, with multiple bullish patterns holding at the support levels.</div><div>EURSGD H1 Chart:</div><img src="http://static.wixstatic.com/media/11e264_862278e5fcfc4f5dad1be4a7f1ca710c~mv2.png" /><div> Both the Bullish Butterfly and the Deep Crab patterns terminated at the support levels. Giving us multiple hints that Harmonic Pattern traders are observing this pair for a BUY.</div><div>EURSGD M15: Zooming into the lower time frame</div><img src="http://static.wixstatic.com/media/11e264_6aa64aa227cb4bb3a1b28165873c27c4~mv2.png" /><div>For those of you who are hoping to get a better entry, 1.4972 would be a good level. But do monitor as this M15 move could just form a bull flag and start rallying.</div><div>If you are trading the smaller patterns, stops can be at 1.4945 (30pips) with targets minimally at 1.5020 (+50pips). However if you are in for the long run, stops should be about 200pips with targets at +500pips. </div><div>&quot;Trade right &amp; your profits will come&quot;</div></div>