J.Livermore
Short

Swedish Krona - Just above long term support.

FX:USDSEK   U.S. Dollar/Swedish Krona
I've been looking to this chart for a long time now, and we may find a good risk/reward short entry on that currency.

On the right
----------------
SEK             is now very close to bounce at least on monthly support.

On the left
--------------
Between EUR/SEK and USD/SEK             , I prefer USD/SEK             where we can find a good short entry in the following days.

***
Short from 8.13610
Stop Above 8/1 Gan fan lines 8.19
Multiple Targets at fibonacci retracements level. (double digits Risk/Reward - You can be more loose on the stop loss).

Improve:
It's maybe not the most optimal pair to short vs dollar so you may find a better strong/weak pair on other exotics. Do you researchs.

This is how USD rolls.
SEK is #REKT.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out