Next upwave ahead?

Playing the Box since 2015! When breaking the downtren(line) , the upper edge of the Box can be aimed again.


Oder views:

Again a Long Chance after the ugly Shakeout?

After the ugly shakeout a few days agao, the situation has chilled out, and my former analysis turns valid again. I see a chance with a stoppbuy near above the last high at 8.38. Above that level, my former Target is abundantely valid again


Can USDSEK reenter the Tradingbox or will the selloff go on?

The pair is trading sideways since march 2015 . The tradingbox covers from 8,05 (Buying Zone) - 8,77 (Selling Zone)
This week we see a Breakout on the downside. The Pair left the tradingbox, the former Supportzone turned into a possible resistancelevel.
IMO the Zone between 7,85 - 8,2 seems to be neutral - here i don`t think a trade makes sense.
As Long as the Pair is trading below the mentioned box, the Szenario is clear bearish!

3 trading- ideas:
LONG:
If usd/sek can reenter the tradingzone, the possible upmove can rech to the tradingboxs upper edge at 8,77. For this Szenario 2 trades are thinkable:
-Cyclical Long-Setup (reduced risk): stoppbuy at 8,17, SL 7,88 TP 8,77
-Anticyclical Long Setup (risky): Entry at the actual Level, same SL, same TP

Short: Stoppsell below the last LOW at 7,85 (and below the 38,2 fibo), SL 8,17/ TP 7,2

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it`s bo-time

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i am lovin it...here is the bo..beware of the rsi - he signs a dip down to the bo-level..

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inside the trade

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Trade closed: target reached:

reached tp again...my favourite pair!

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reached maximal tp of the H&S