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1Creekdoc
Jul 18, 2021 8:55 PM

USD/SEK LONG Long

U.S. Dollar / Swedish KronaFOREX.com

Description

USD/SEK broke out of 7 month rectangle by 30 day ADX Criteria on Friday the 16th (over 69 PIP). Significant breakout. A bull back to the rectangle breakout area could occur. Last bar in the pattern is marked with a low. This is a decent classic chart pattern but the idea brought to be per @andreassteno. Much thanks. Newsletter specific recommendation (free) here: corporate.nordea.com/article/66783/fx-poolside-weekly-the-qt-roadmap.

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