USDSEK should be completing the final leg of the triangle which is a triangle also.
Candles being printed above the wedge to the upside; previously fake-out so a stop at break even will be necessary.
Despite the negative rates like JPY, SEK continue to gain. USD is likely to enter deeper correction and this is short with good RR
USDSEK in a good position for longs to attack 8.8000 again and this time keeping in mind Riksbank possible intervention to break it.
USDSEK in correction 4thwave as contracting triangle. Expect price to go first 8.20000 to finish wave (e). expceting 5hth move up from there; as it is daily, it can still taken another 2-3 months tro reach (e);
If we got a hike, this baby may go up up up. As it's seems to be like an inverted head & shoulder pattern.... buy @ market.... tp @ 8.7000 sl @ 8.4000
Friends, This pair was been quite responsive to the Predictive/Forecasting Model on both large and smaller scale - Although, this there has been only two prior predictive analysis and forecasting - Following are two of these forecasts: $USDSEK - Short-Term Target ... Hit. bit.ly $USDSEK - Mid-Term Target ... Hit. bit.ly FORECASTING THE HOURLY FRAME: This...
This is an interesting portfolio. Will these pairs follow USDCNH's lead? Is this the beginning of a new fundamentally backed intermediate term trend? Or just a very nice short term short? Setups on chart, we will cover these in our skype group's discussions. If you want live updates and more information, make sure to contact me via pm or skype. I provide signals...
Friends, $SEK is expected to weaken in this pair, where an Elliott Wave carved out an outline of its Contracting Triangle through a series of 3-3-3 internal formations with more (leading triangle) or less (simple zig-zag) complexities. This analysis replaces a recent one, as the Geo lost its geometric validation - However, the foreground...
As the pair USDSEK has set lower highs and lower lows last couple of days, we have now reached 76.4 FIB retracement from recent high and low around 8.23 area. This should offer a nice possible counter position (long), but bear in mind that the trend in the short term is still down. In that matter, manage risk either by smaller trade position or tight stop. The...
I am long here as market is looking good to go long here so i am long with take profits@ flag Reason on this one we can say that it is breaking upper resistance by breaking bearish divergence+Double top so confirmed long here FX:USDSEK