Hello everyone, here is the top-down analysis for EURSEK, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
on DAILY: EURSEK is sitting around a strong support and resistance zone in blue so we will be looking for objective sell setups on lower timeframes. unless price breaks it downward aggressively, then we will be looking for objective sell setups on its retest. on H4: EURSEK formed an objective channel in red, so we are waiting for an objective break above the...
on WEEKLY: EURSEK is overall bullish making higher highs and higher lows, and it is currently sitting around our lower blue trendline so we will be looking for objective buy setups on lower timeframes. on H1: price formed an objective wedge pattern in red, so we are waiting for a momentum candle close above its last swing standing to buy. we also have divergence...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.