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TheSignalyst
May 26, 2020 2:07 PM

EURSEK potential bullish reversal Long

Euro Fx/Swedish KronaFXCM

Description

on WEEKLY: EURSEK is overall bullish making higher highs and higher lows, and it is currently sitting around our lower blue trendline so we will be looking for objective buy setups on lower timeframes.

on H1: price formed an objective wedge pattern in red, so we are waiting for a momentum candle close above its last swing standing to buy.

we also have divergence on MACD adding more confluence to our setup.
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