I will open Sell near 1 year High 10.7290 if the price will make a fake broke That level also a historical high
I expect $SWMA to retrace quite a bit, it looks exhausted. The steep rise from dec lows in correlation to world indices was coupled with low volume, looking for support at green zone.
I show a rare trend switch on CADNOK for the south on the daily time frame. This usually means business. CADNOK is a very violent pair to trade but potentially one that can deliver. Wide stops and big account sizes are needed.
Price has tested the downwards channel multiple times then broke to the upside where it has hit our price zone. price should reverse targets are... TP 1 - 9.27954 TP 2 - 9.21655 TP 3 - 9.13943 SL - 9.34018 have a great day guys, please use correct risk management
as you can se we have weekly and daily patterns and divergence so for those with big accounts you can hold a short position. but for smaller accounts i will post a lower timeframe projection for you
Short CHFSEK @ 9.40; TP @ 9.212, SL your choice
Overbought and a retest of previous highs in the 8,50 area stop loss 8,35 target 50% of trade 8,90 rest will follow to highs around 9,35-45
Short CADSEK @ 6.7334; TP @ 6.5979, SL your choice
Growing divergence after hitting the weekly barrier at 8.5290 suggests sellers are returning again. Expect a breach of the trend line and a correction back to 8.3000, 8.1570 and roughly 8-even over the next days and weeks. Although the longer term is more or less neutral, broader USD weakness does support an aggressive short-entry strategy. Near term trend:...
Long SEKNOK @ 0.9250' TP @ 0.9440, SL your choice
Short CADSEK @ 6.705; TP @ 6.5712, SL your choice
I take this trade not because dollar strong, but swedish krona weakness.. and I make correlation with EUR/SEK and GBP/SEK too...
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has...
By large the slow moving low volatile EUR/SEK pair has been slowly moving in an ascending channel pattern on the daily chart. However, it has experienced a distinct spike in the second half of September, which in general is a cause for caution. Meanwhile, on a larger scale the currency exchange rate has formed a massive scale triangle pattern. The tip of the...
The common European currency recently reached the upper trend line of a junior descending pattern against the Swedish Krona. Due to that reason the pair can be considered at a significant crossroads for short term traders. If the pair passes the resistance, which is a lone one, it would surge first to the 100-hour SMA at the 9.50 mark and later on to the...
Trading idea and price prediction for (FX: EUR/SEK ) from trader Nika Lekishvili www.tradingview.com ~ My Channel GL !
Wait for some good spot on 4H or 1H chart before entering long position. Price may go down something at this moment May 3th. 13:50 (GMT+1)