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nakedchartist
Oct 6, 2014 1:58 PM

EURSEK trend reversal for short Short

Euro Fx/Swedish KronaFXCM

Description

most EUR crosses had been plunging for several months but not for EURSEK, only until recently. With last week 's bearish expansion week, price closed below 3 months low and completed a distribution pattern. Upon completion of this bear flag , I will assume price to continue moving downwards
Comments
nakedchartist
this is a loss. On review , it is better to stick to my usual setup. wait for pullback , then find my channel setup.
nakedchartist
Ready for the next bear phase.
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