Get started
Sascha_Gogolin

Corrective structure after sell-off

Short
U.S. Dollar / Swedish Krona (FX:USDSEK)  
Sascha_Gogolin Updated   
FX:USDSEK   U.S. Dollar / Swedish Krona
price-action Support and Resistance correctivestructure shortsetup shortterm
1
0
price-action supportandresistance correctivestructure shortsetup shortterm
The corrective structure that has formed after the last strong sell-off suggests further downside. Primary target around 8.5350. If that level folds 8.40 would be a plausible next target.
Trade closed: stop reached

Related Ideas

Sascha_Gogolin
Corrective move
Sascha_Gogolin
Short term bearish play
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.