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pmgai
Oct 2, 2019 4:36 AM

USDSEK SHORT - POSSIBLE 400-500 pip move!! Short

U.S. Dollar/Swedish KronaFXCM

Description

Due to my analysis you can see price has reached the top of the Bollinger band, that means price has came to a certain resistance in the market. Besides the Bollinger band price has been moving with the trend it has created, which has been bullish. Since it reached the top of the trends resistance and top of the Bollinger we will go for a sell to about where last resistance was which is now support.

Trade closed: target reached

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