Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
📌 SEK for the Yearly Close In general the following flows are working flawlessly, sellers have recaptured the control and are bringing about a lot of pressure on the main macro targets issued at the beginning of 2020. One indication of the weakness is clearly the USD devaluation, and is represented by the attacking side rushing to SEK. Introducing...
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
JUST MARVEL AT WHAT THE MKT DRAWS SOMETIMES. LOOKS LIKE A STAR CONSTELLATION OR SMTH But yeah, the pair will probably move the way I've drawn it too, so watch out for longz _______________________________________ LIKE for the pretty pic, SUBSCRIBE for more COOL stuff
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
The pair is trading within a 1D Channel Up (RSI = 48.456, STOCH = 47.038, MACD = 0.001, ADX = 30.430) which is currently neutral as it is aiming for a new Higher Low. That can be on the 0.9585 Support, which is our current target on this pull back. ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly...
Hey there! Very simple setup explained in the chart, just keep shorting until the pair says otherwise. Simple. If the pair closes above resistance look for better opportunities. If you have any questions please leave them in comments. Did you like the idea?? Give us a thumbs up!! Do you have a different view and analysis? Let us know in the comments. I love to...
A timely update to the EURSEK chart with 2020 flows entering into play as widely anticipated. Lets start by reviewing the concerning Macro Map in the diagram: In the longer term, positional swings come down to a struggle between patience on the one hand and greed tendencies on the other. In this all-encompassing battle, economic strategy, though important in...
It will be a nice buy possibility near the 6-Months Low. We should look for an entry point in the younger timeframe. The false breakout is the best pattern for open trade. Dear followers, the best "Thank you" will be your likes and comments! Before to trade my ideas make your own analysis. Thanks for your support!
I think there is a high probability, higher than 20% I am certain, that this pair if it visits the entry area, goes up without going down too much. It could also go a bit further before reversing, I am giving myself 2 chances on this one but no more if I lose twice I quit. Here you have the weekly chart: The spread is 30 points which is not very high, it's not...
monitoring price action for possible sells, prefer to wait till US session, or maybe even mid week. Patience.....
The GBPSEK global trend is bullish but the local trend is bearish. How do you think? Can the price bounce off the bottom borders of these channels? Thanks for sharing your thoughts under my ideas! I appreciate it! Before to trade my ideas make your own analysis. Thanks for your support!
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
The pair will reverse back in the following days after being whipsawed, sending the pair lower toward its previous low. Sweden leaves the negative territory of interest rate in the last month of 2019. This has fueled the Swedish Krona against the US dollar. However, the greenback managed to fight the krona following the signing of the US-China trade deal. Despite...
𝔹𝕖𝕗𝕠𝕣𝕖 𝕪𝕠𝕦 𝕣𝕖𝕒𝕕 𝕥𝕙𝕚𝕤 𝕚𝕕𝕖𝕒, 𝕡𝕝𝕖𝕒𝕤𝕖, 𝕔𝕝𝕚𝕔𝕜 𝕥𝕙𝕖 𝐋𝐈𝐊𝐄 𝐛𝐮𝐭𝐭𝐨𝐧 𝕥𝕠 𝕤𝕦𝕡𝕡𝕠𝕣𝕥 𝕞𝕪 𝕨𝕠𝕣𝕜. 𝕀 𝕨𝕠𝕦𝕝𝕕 𝕒𝕡𝕡𝕣𝕖𝕔𝕚𝕒𝕥𝕖 𝕚𝕥. The pair is seen to reverse back following a series of weak candles. Sweden celebrated its 25th year of accession to the European Union this month, together with Finland and Austria. They became the 13th, 14th, and 15th Member States of the EU. However, the...
USDSEK had a strong enough rebound on the July 19, 2019 Support, managing to turn 1D bullish again (RSI = 55.827, ADX = 26.453, Highs/Lows = 0.0481) since November. We are expecting this bounce to accumulate more buyers in the process aiming at the 9.7000 Symmetrical Resistance. Conservative traders may enter a little lower as a pull back is very much possible if...
I will open Sell the false breakout because: - the price is under the Mirror Level 10.48800; - the trend is bearish; - potential profit will be 3 times bigger than the risk. Push like if you think this is a useful idea! Before to trade my ideas make your own analyze. Write your comments and questions here! Thanks for your support!