The USDSEK pair had an excellent technical bounce on the 1D MA50 (blue trend-line) following our previous analysis: As you see that was our 1st suggested buy entry, so if you took the trade you can book (partial) profits and enter on the next pull-back near the diverging Higher Lows trend-line. The long-term entry is now located on the 1D MA200 (orange...
The Swedish krona is among the major currencies that are susceptible to the latest developments in East Europe alongside the Euro, and both have been a basis for market sentiment surrounding the conflict on markets and economies. On March 7, as the third round of peace talks capped off without any breakthroughs and as energy prices surged to a 14-year high, the...
We see the potential for a bullish bounce from our buy entry at 9.23337 in line with 78.6% Fibonacci retracement towards our Take Profit at 9.38103 in line with 100% Fibonacci Projection and 78.6% Fibonacci retracement. Our bullish bias is supported by stochastic indicator where price is trading at support level. Any opinions, news, research, analyses, prices,...
Price is near buy entry level of 9.46834 in line with 23.6% Fibonacci retracement . Price can potentially move towards the take profit level of 9.75972 in line with 61.8% Fibonacci projection and 50% Fibonacci retracement . Our bullish bias is supported by stochastic indicator as it is near to the support level. Any opinions, news, research, analyses, prices,...
Price is near buy entry level of 9.56198 in line with 50% Fibonacci retracement. Price can potentially move towards the take profit level of 9.76677 in line with 78.6% Fibonacci projection and 38.2% Fibonacci retracement. Our bullish bias is supported by stochastic indicator as it is near to the support level. Any opinions, news, research, analyses, prices, other...
Price is near sell entry level of 9.57412 in line with 50% Fibonacci retracement . Price can potentially dip to the take profit level of 9.44253 in line with 61.8% Fibonacci retracement. Our bearish bias is supported by the price trading below the Ichimoku cloud indicator. Any opinions, news, research, analyses, prices, other information, or links to third-party...
Price is near Buy Entry level of 9.67285 in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection. Price can potentially bounce to the Take Profit level of 10.03187 which is a key graphical swing high resistance. Our bullish bias is supported by price trading above Ichimoku cloud indicator. Alternatively, price might dip to the Stop Loss level of...
Prices are on bullish momentum and abiding to our ascending channel. We see the potential for a bounce from our buy entry at 9.44595 in line with Fibonacci Confluence (61.8% Fibonacci retracement and 61.8% Fibonacci projection) towards our Take Profit at 9.60693 in line with 161.8% Fibonacci extension . Our bullish bias is further supported by how prices are...
usdsek as powel elected again usd gain power so i think it will compelete its move to next box so we wait till see what will happn in next resis
GBPSEK Entry Price 12.00221 Entry after pin bar closes on the H4 Time Frame Daily Time Frame H2 Time Frame
GBPSEK on the 4h chart after the bullish impulse retraced at the 0.5 Fibonacci level. The price created a double bottom over the support and now is testing the resistance area. According to Plancton's strategy if the market will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red...
EURSEK after the recent lows started a retracement move to the upside inside a minor channel. The price now reached the weekly resistance and according to Plancton's strategy if the price will break below we can set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
Pullback done to the trend line and Price chart reacted. We anticipate that we will have price increases for goals one and two.
This has rebounded from the support level and is now rising again. MACD is turning higher and has stayed above 0 so is still bullish, also EMA's did not cross lower. Target is 12.860 at next resistance (chart does not go back far enough to see this for some reason).
GBPSEK on the 4chart reached the daily descending trendline and for rejected. The price is now retracing and we can expect a test of the 0.5 / 0.618 Fibonacci retracement. According to Plancton's strategy if the price will pèrovide us a sign of inversion we can set a nice order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly...
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.