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
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.