GBP_SGD Analysis

Last: 1.75097 | Change: 0.00005 | Date: 2025-04-25 | Current Time: 2025-04-23 22:00:27 UTC

Phase: Mean Reversion > Mean Reversion Resolution > Consolidation > Pre Breakout > Directional Bias Formation > Directional Bias Formation > Mean Reversion Resolution: Pre-Breakout - Directional Bias Formation 60.0%

Market State

Market State

Trend: Downtrend (Strong)
RSI: 50.74 (Neutral)
Volume: Rising (Low)
Volatility: 0.0423 (Low)
Price Action: Doji
Price Structure: Higher Highs & Lows
Momentum: 0.0000 (Weak)
ATR: 0.0007
NATR: 0.0423
Trend Alignment: Yes

Phase Analysis

Current Phase: Mean Reversion > Mean Reversion Resolution > Consolidation > Pre Breakout > Directional Bias Formation

Confidence: 60.0%

Stage: Directional Bias Formation

Detail: Mean Reversion Resolution: Pre-Breakout - Directional Bias Formation

Description: A bias for the next move begins to emerge.

Market Metrics

Trend: Down (Strong)

RSI: 50.7 (Neutral)

Volume: Rising (Low)

Volatility: 0.0423 (High)

Candlestick Patterns:

Doji⚠️ High Market Indecision (0.62)

Support & Resistance

Current Price: 1.7510

Resistance Levels

1.7523 Strong (0.08% away)
1.7513 Strong (0.02% away)

Support Levels

1.7399 Strong (0.63% away)
1.7447 Strong (0.36% away)
1.7424 Strong (0.49% away)

Mean Reversion Signals

Mean Reversion SHORT Signal @ 1.75097

Generated: 2025-04-23 22:00

Confidence: 92.0%

Risk:Reward: 1.63

Entry: 1.75097

Stop Loss: 1.75481

Target: 1.74469

Valid until: 2025-04-26 02:21

Contributing Factors

  • Current phase: Mean Reversion > Mean Reversion Resolution > Consolidation > Pre Breakout > Directional Bias Formation
  • Reversal phase detected - favorable for mean reversion
  • Market indecision favorable for mean reversion

Market Phase

Phase: Mean Reversion > Mean Reversion Resolution > Consolidation > Pre Breakout > Directional Bias Formation

Confidence: 60.0%