GBPSEK
GBPSEK, What do you think? Blue or Yellow?The GBPSEK global trend is bullish but the local trend is bearish.
How do you think? Can the price bounce off the bottom borders of these channels?
Thanks for sharing your thoughts under my ideas!
I appreciate it!
Before to trade my ideas make your own analysis.
Thanks for your support!
GBPSEK: The short opportunity of the Golden Cross.The pair is trading within a strong long term Channel Up since October 2017 on the 1M (monthly) chart (RSI = 60.289, MACD = 0.143, Highs/Lows = 0.3378). It is currently testing the 12.6000 1W Resistance following a Golden Cross on the 1D chart.
This formation has delivered a roughly -4% drop on the past two occurences. Since the RSI topped at 80.000 which is always a sell zone on 1D, we are going short with TP = 12.2000 or once the 1D RSI touches 38.500.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
Gsek sell limitSell limit on this pair . Price currently at support level , I expect a move upward to the marked lines. Last week rejection might be a aggressive entry . However with fundamentals in play we can see price break down without touching our first entry & second . But patient & let price present itself .
Many thanks
GBPSEK: Long opportunity within the Channel Up.GBPSEK is trading within a 1D Channel Up which is currently approaching its Higher Low zone (RSI = 57.201, MACD = 0.073, Highs/Lows = 0.0000). Technically that is the most optimal Buy Entry and we are taking this long opportunity with 12.2500 - 12.3000 as the Target Zone.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
GBPSEK Forex cross pair forecast, monthly demand imbalance GBPSEK Forex cross pair forecast is bullish.
With a strong monthly demand imbalance in an uptrend gaining control around 11.600. In a uptrend, only buying GBPSEK Forex cross pair is possible. Monthly uptrend, monthly demand imbalance in control, no shorts are allowed. We do not need any indicators to tell us that we can go long on GBPSEK since there is a clear trend and a big timeframe imbalance has gained control.Similar scenarios are happening on many GBP Forex cross pairs with monthly and weekly demand levels and imbalances in control. Learn to trade Forex using supply and demand imbalances.
No need to use any kind of indicators or oscillators to learn how to trade Forex using supply and demand imbalances. Clean and uncluttered charts are all we need to plan a trade on Forex by locating strong impulses that comply the looks and shapes of a supply and demand imbalance.
GBPSEK: GET READY - REVERSAL PATTERNSThese two are called reversal patterns on GBPSEK. It is about the shape of the pattern. This is experience-based knowledge. This does not mean the most recent pattern is bound to reverse. This is not a prediction. It is a probability estimate.
GBPSEK is a very volatile instrument which is much avoided. How strange cuz volatility is needed to make profits (and controlled losses).
GBP/SEK: Q3 + Q4 trade with huge potential - don't miss this!Dear Traders all around the world!
Feel free to leave a like and a follow not to miss any of my trades:)
This is more of a mid-term trade as we are using the weekly chart . A short-term analysis will follow shortly after publication of this analysis.
GBP/SEK respected our bullish OB and closed last weeks candle with a rejection formation while hitting the 3D 200-EMA to the pip.
As for now we are watching for a solid weekly close above 11.9486 . Updates on HTF confirmations like daily and 3-day will follow.
While expecting a run to 2015 levels by EOY as liquidity remains above 2016 yearly-high this is a solid 11.0 R/R trade.
EQ: Equilibrium
POC: Point of Control
HTF: High-time-frame
LTF: Low-time-frame
R/R: Risk/Return
GBPSEK: Channel Up on 1W. Long term Buy opportunity.The pair is trading within a 1W Channel Up (RSI = 71.320, MACD = 0.168, Highs/Lows = 0.2551) since the start of the year. Recently a new aggressive bullish leg has been initiated on 1D (RSI = 70.181) which aims at a new Higher High for the Channel within 13.2000 - 13.3000. Note that the very same 1W Channel Up was traded from September 2017 - April 2018.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
GBPSEK Looking Strong Once AgainLast post: May 19th 2018. See chart .
Review: Price was previously trending up but was below resistance levels.
Update: Price has since moved higher and is now above a previous resistance level after bouncing off the daily 50 simple moving average.
Conclusion: We want to see if the bulls can help to push price higher and break above the previous high.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading