Dave-FX-Hunter

Potential move to top

Long
FX:USDSEK   U.S. Dollar / Swedish Krona
Dollar/Swedish krone is moving in the channel. We are seeing the supply zones absorbed and new demand created. Now the last demand is retested and the market dynamics how the price came back looks like the bullish accumulation (bullish flag)
If that breaks than potential move up is possible.
Trade active:
Nice momentum
Comment:
Strong momentum after correction
Comment:
Still holding the position as it have positive swap advantage.
Comment:
+250 pips running
Comment:
Trade closed: target reached

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.