Gentlemen, we have a very compelling monthly signal in this pair. The targets are on chart, as well as the reccomended long term stop loss.
This trade has positive carry, so, holding it will pay you interest based on the interest rate differential between the Swedish Kronor and the US Dollar. I anticipate one rate hike this year, which would accelerate the dollar...
SEKNOK is offering an interesting setup in the weekly chart.
I'm short, looking to benefit from the positive carry of this pair, and also the topping pattern on chart.
I'd reccomend adding to it once we're 1 atr in the money after entry. Currently, we have a valid time at mode sell signal on chart, where the mode nicely matches the previous sharp rally's top....
