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SEKJPY

SEKJPY Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: SEKJPY is sitting around strong resistance in blue so we will be looking for sell setups on lower timeframes. on H1: SEKJPY formed an objective trendline in red and a head and shoulders pattern so we are waiting for a momentum candle close below its last swing and neckline to sell. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still dive inside the blue resistance zone. As price approaches our lower green support, we will be looking for buy setups. Good luck!
Short
by TheSignalyst
2
SEKJPY Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: SEKJPY is sitting around strong supply in blue so we will be looking for sell setups on lower timeframes. on H1: SEKJPY formed an objective trendline in red so we are waiting for a new swing to form around it to consider it our new trigger swing. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone. As price approaches our lower green support, we will be looking for buy setups. Good luck!
Short
by TheSignalyst
4
ridethepig | SEK Long-Term Macro Map📍 USDSEK Long Term Macro Map After the " Moment of Truth for SEK " flow, which was so difficult with its own inherent positional issues, the next update here should appear all too straightforward again. Of course a well planned macro flow does not have to last forever; a dollar devaluation swing which only crops up occasionally, in fact can even threaten the 6.80x support. Some 8 candles later, the flows are following the widely mapped positional forecast. This swing has the clear fundamental advantage from the soft inherent picture in Sweden. Things have not settled down on the virus front which has become quite forgotten by many. Then of course when a second wave occurs in the Northern Hemisphere during the Winter months, the almost forgotten complacency will return, bringing a zig-zag into the initial forecast into the initial 8.20x target. Dollar seller's last move sees the impulsive swing being instated, for the threat is now the clear advance onto the main targets. It is therefore logically and casually relevant to all G10 crosses to include the DXY maps: At the point when this was made, Fed was seen as a deer in the headlights via Covid capitulation / flip flop and, with what immense trouble they will have now in achieving credibility after funding the Whitehouse policies in broad daylight!! Watch for the lows next week, its not quite so easy for buyers to dispose of the momentum here: if this happens we may enter into waterfall mode.
Short
by ridethepig