Explosionpattern
USDSEK: Long term explosion pattern triggeredWe 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.
USDCHF: A lot of room up there, right?USDCHF has a very strong explosion pattern setup, a 'Time at mode' trend signal like the one I recently posted in the Nikkei. The quarterly chart has a potential 15 quarter uptrend which will confirm by the end of the year if we don't retest 0.9580 by then. We can take a long term position risking a drop to 0.9761, and a shorter term trade with bigger size, aiming to capture upside to 1.1080, with a stop at 0.98747.
Good luck!
Ivan Labrie.
