USD/SEK preparing for a big drop (long term)
USD/SEK has some more upside as a 5th wave to go before downward trend continuation.
The price should, in this case, continue to at least a 161.8% extension of A B but it could even go higher to the 50 to 61.8% range (se the box area).
A lower low in that area should be a trigger for shorting with a very good reward risk ratio.
The price should, in this case, continue to at least a 161.8% extension of A B but it could even go higher to the 50 to 61.8% range (se the box area).
A lower low in that area should be a trigger for shorting with a very good reward risk ratio.