IvanLabrie

USDSEK: Long term explosion pattern triggered

Long
IvanLabrie Updated   
FX:USDSEK   U.S. Dollar / Swedish Krona
We can enter longs safely here in USDSEK, this is potentially the final chance to catch this massive uptrend.
For the long term position, a wide stop is important but we can take a swing trade risking a stop at a new daily low under today's loww as well, additionally, but you will have to trail stops more aggressively with this 2ndary position.
Risk a total of 1-2% on the whole thing.

Good luck!

Ivan Labrie.
Comment:
Buying gradually each day. Risk 3 ATR down, 2% max.
Comment:
You may add to the trade, half size position, same stop.
Comment:
Stop here might be in some slight danger, but not too likely, you may close longs and rebuy dips to 8.819 or lower. Stop at 8.5479
Comment:
On track.
Trade active:
Reenter here.
Comment:

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