EURSEK may try to cost 11 krones again soon on a strong weekly downtrend after a triple top on a weekly chart perspective. Plus, check this out. Sounds pretty interesting. * research.sebgroup.com I personally may re-enter a couple of times if my SL is hit, but who knows.
We have 3 instances of Bearish Divergence just pass the PCZ of the Bearish Shark and it now looks to be testing those highs perhaps for the last time before it begins to fall.
Right now EUR/SEK is trading at strong support, which goes in line with Fibonacci and Volume Profile indicators. As long as daily close remains above this support area, we should see the formation of the bottom. Potentially, this is the beginning of a medium-term rally, towards 127.2% Fibs
EURSEK after the recent lows started a retracement move to the upside inside a minor channel. The price now reached the weekly resistance and according to Plancton's strategy if the price will break below we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
EURSEK after the double bottom on the weekly support retraced inside a bear flag. According to Plancton's strategy,if the condition will be satisfied we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h...
Price should make new lower low but we will see a reaction where I set TP Top Absolute Correlation 4 hrs 1 EURSEK - USDCZK 89.4% 2 EURSEK - GBPSEK 88.9% 3 EURSEK - SEKJPY -88.7% 4 EURSEK - EURPLN 88.2% 5 EURSEK - USDCAD 87.5%
EUR_SEK BOKOKE THE RESISTANCE. SPIKED. RETESTED SUPPORT. NOW BROKE OUT OF RESISTANCE. It might move in a triangle fashion Consolidating for an upwards move Pick it up from the support levels outlined ___________________________________ LIKE and SUBSCRIBE for QUALITY
THIS PAIR LOOKS SET TO CONTINUE THE UPTREND, WAITING ON H1 CONFIRMATION.
The market on the daily chart is inside a descending channel and recently created a bear flag that retrace from the previous move till the 0.618 fib level. Currently the price tested the 4h structure and made few attempt to break it. If the market will manage to break and close below it we can set a nice short order according with our strategy. ––––– Follow the...
Eur / Sec when it explodes there will be chaos :) for now I will just say that it is on very strong moutly support and because of that u should go into long !!
We are entering into short-term technical flows for the weekly closing range after Fed flows come to an end. The growing concerns over rising virus cases will skyrocket over this weekend, expecting a flooding of negative news from mainstream media which will put Western European countries back into the crosshairs. For the technicals, SEK is trading at a very...
Pattern: Testing the 6 month Support. Signal: Bullish as the RSI and the 2018 fractal indicate a potential rebound here. Target: 10.8000 (just below the 0.786 Fibonacci retracement). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
First time back to FTR supply zone, looking for longs
4H Chart Explanation: - On a Weekly Basis, price broke the Ascending Trendline. - Price made a correction after that and is currently on the Pullback to the Weekly Trendline. - Bearish CCI. - If price bounces from here, it has potential to break the Structure and go towards the Support Zone. Weekly Vision: Daily Vision: Updates coming soon!
4H Chart Explanation: - On higher timeframes, price broke the Weekly Ascending Channel (check Weekly or Daily Analysis). - Price broke the Micro Descending Channel. - Now, price is on a correction before continuing the down move. - If price breaks it, potential to move down towards the Fibo Levels. Weekly Vision: Daily Vision: Updates coming soon!
4 Hour Chart Explanation: - Price broke the Weekly Ascending Trendline. - Price is on a Descending Channel. - Price bounced on the Bottom of the Channel. - Bullish Divergence on MACD. Weekly Vision: Daily Vision: