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Kumowizard
Apr 16, 2015 2:48 PM

EURSEK - Update / Ketchup. Sell, Sell, Sell Short

Euro Fx/Swedish KronaFXCM

Description

Well, EURSEK should really catch up (down) to other EUR crosses, and finally it looks like the move has started.

Weekly:
- Ichimoku setup is neutral with bearish bias. Kumo overshades Price, Chikou Span hits candles, Tenkan/Kijun is weak bearish. Price turning down after retesting weekly Kijun Sen. Current Kumo is still a bit thick below Price. Supports are at 9,23 and at 9,10
- Heikin Ashi signal is bearish again.

Daily:
- Ichimoku picture is turning back to bearish. Selling pressure can increase below Kijun Sen 9,2250.
- Heikin Ashi bearish signal is confirmed today with a big body candle which finally broke the 9,30-9,31 resistance zone. haDelta/SMA3 down below zero line.

Strategy is to hold short position and increase shorts in spikes!
Comments
A-shot
+1 - obvisou. DKK - Sek as well
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