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ACROFX
Sep 7, 2016 7:11 PM

Possible long-setup in USDSEK Long

U.S. Dollar/Swedish KronaFXCM

Description

USDSEK has now retraced 61,8% of the last move up and on 4H timeframe we have a nice hammer. Now we need follow-up to confirm a possible bottom at current level.

In that matter, we should have a nice risk/reward for a trade.

Trade-setup (long):
Entry: 8,42-8,44
Stop loss if we close below 8,40 on a daily timeframe.
Target is set to 8,54.

Play safe!
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