We are completing a long term corrective phase in a downward channel. I'm looking for 2 possible scenarios, in both cases with a breakout to the upside.
Good morning traders, Following a lower plunge during the EU session early this morning. with the pair lost nearly 86 pip, The USDSEK pair continue's to move up in a strong BULLISH trend as it did for past - days. On the other hand, USDSEK is holding well above the long term 200 days simple moving average (that's why we don’t recommend any short trades on the...
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...
Hello Traders, Here we have a nice short set up for USDSEK. I'd look for a short in the vicinity of the red box which would give us 5'. Regardless of 5' hitting or not my target is still set on 8.11510 because there is such little difference between point 1 and 4. Pay attention to the formation in the RSI, notice how a similar structure is formed. Rule: Geo's...
possible long opportunity, awaiting MACD and VI confirmation for entry.
Usdsek Having Reversal Looking Good With Previous Areas Holding Nicely With Huge Bearish Volume Will Short After It Moves Down Below Red Trendline With Take Profits @ Flag Reasons To Short Previous Areas Holding Huge Bearish Pressure due @ Those Areas Reversal Pattern Indicators Turnings Bearish Trendline Rejection Do Join Our Daily Live Trading Webinars As...
Breakout down from long consolidation and significant level 8.000 You may wait to daily close before sell
Monster opportunity here. Too many signs of a bottom in my book. Supported by horizontal structure (Weekly and Monthly), lower boundary channel, advanced pattern on the daily, and a short time frame (4hr - 1hr) libra pattern.
Hello there! SEK is the component of Dollar index (DXY) and has similar chart. It is good to buy on break of white resistance line. Best!
I view this as a good bottom fishing opportunity. This also coincides with my bullish dollar/short Swedish Krona thesis. I am bullish pounds as well for the time being (as long as GBPUSD holds above 1.4000).
I see another impulse downwards coming, what do you think?
USDSEK is in a huge sideways range. Looking a potential decisive break downside before taking a short position.