Well it seems like EURSEK is ready for some pullback!
Disclaimer - I could be wrong/Trade at your own risk...
Disclaimer - I could be wrong/Trade at your own risk...
Short EURSEK @ 10.7435; Tp @ 10.5285, SL your choice
Price is approaching major resistance, bears can look for short opportunities, but first we want to wait for confirmation like a false break with bearish divergence or strong move to the downside.
I will open Sell near 1 year High 10.7290 if the price will make a fake broke That level also a historical high
Open trade on channel line break and appearance of downward trend candlestick.
H1 price at supply zone on weekly tendency is down pullback on the supply zone
A few days ago I posted short setup for this pair. Circumstances have since changed and I now look for upwards movement. If we get strong close above entry level, then I believe that an uptrend is is on its way
EURSEK short intraday/swing trade opportunity Sell 10.43304 T1 10.41351 T2 10.39989 SL 10.45483 Channel down short entry on pullback
EURSEK long swing trade setup based on higher time frames trending up, green volume, higher highs. Entry on this pullback to .618 fib zone. Not financial advice..
ING bank keeps spreading fear about the SKrona. "Their central bank is dovish, will put it under pressure". They announced yesterday they reached their targets of 10.60, this could be when every one takes profit. On the higher time frames, we can see there is a resistance in this area, might be a little higher depends how you draw it, but it is approximately in...
Technicals - 61.8 Fib level T/P zone for EURSEK buyers Trade plan - Enter short, S/L relatively tight - 10.35 breakout level is the target - Scale out on H4 around 10.40 and see if it goes further south
following our last analysis on eursek where we expect a big drop, we expect eursek to behave the very same way it did the last two peaks before drop last months. to target the exact point of reversal during those endless ascending move (generally heralding an important reversal) we want to see two things : 1) the upper bollinger band on 4h time frame must draw an...
eursek has been perfectly bouncing on a support 3 times with a bounce losing intensity each time it hit the support, then it broke and started confidently a down move inside a new channel below. of course now we have through a perfect alignment a retest by below of this previous support, exactly at this point the DMI reaches an extreme value, we do not see how...