This USD/SEK (U.S. Dollar/Swedish Krona) chart on the 30-minute timeframe shows a potential bullish setup following a falling wedge breakout:
Green arrow: Marks a breakout from the wedge pattern.
Red arrow: Previous swing high or resistance level.
Blue triangle path: Suggests the anticipated upward move.
Take Profit (TP): Target price level is near the previous resistance (around 9.82279).
Stop Loss (SL): Positioned just below the breakout point, allowing some margin for volatility.
This setup suggests a buy (long) position aiming to catch the upward trend after a breakout. Key things to watch
Green arrow: Marks a breakout from the wedge pattern.
Red arrow: Previous swing high or resistance level.
Blue triangle path: Suggests the anticipated upward move.
Take Profit (TP): Target price level is near the previous resistance (around 9.82279).
Stop Loss (SL): Positioned just below the breakout point, allowing some margin for volatility.
This setup suggests a buy (long) position aiming to catch the upward trend after a breakout. Key things to watch
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
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Gold Signal's with proper TP & SL for high profit opportunities..
Disclaimer
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.
📲 Join telegram channel free ..
t.me/Money_Magnet08
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Money_Magnet08
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Money_Magnet08
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Money_Magnet08
Gold Signal's with proper TP & SL for high profit opportunities..
Disclaimer
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.