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TheSignalyst

USDSEK two possible buy setups

Long
U.S. Dollar / Swedish Krona (FX:USDSEK)  
TheSignalyst  
FX:USDSEK   U.S. Dollar / Swedish Krona
Trend Analysis Chart Patterns Technical Indicators USDSEK Parallel Channel Support and Resistance rejection breakout long-term
7
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trendanalysis chartpattern indicator usdsek parallelchannel supportandresistance rejection breakout long-term
on DAILY: USDSEK is sitting around a strong support zone in green so we will be looking for objective buy setups on lower timeframes.

on H4: USDSEK formed an objective trendline in blue so we are waiting for a momentum candle close above its last swing to buy this one long-term.

on M30: USDSEK is forming a channel in red but it is not valid yet, so we are waiting for a new swing to form around it and then enter on its break upward.
This analysis is done using RichTL
www.RichTL.com

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