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Swedish

USD/SEK: trading short-entryGrowing divergence after hitting the weekly barrier at 8.5290 suggests sellers are returning again. Expect a breach of the trend line and a correction back to 8.3000, 8.1570 and roughly 8-even over the next days and weeks. Although the longer term is more or less neutral, broader USD weakness does support an aggressive short-entry strategy. Near term trend: neutral Long term trend: neutral/slightly negative Outlook: correction, moderately negative Strategy: avoid or aggressive short-entry Support: 8.3000 / 8.1570 / 8.0050 / 7.8600- Resistance: 8.4775 / 8.5290 / 8.66+ Outlook cancelled/neutralized: above 8.4775
Short
by buyem_nl
EURSEK Lets short it for 1500 pips!Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has ended. // Average yearly pips gained is 40k per pair on D1 charts alone. I have provided a similar limited version of the system on Trading view to help traders visualize the strategy. EURSEK To open SHORT positions for EURSEK , it is required: In this situation our system indicators to confirm trade entry confirmation for movement to the downside but if the market trend continues to range this signal will become invalid. Market execution for entry, I will confirm signal once the conditions have been met. Risk Description: Once signal is confirmed we will excecute more positions on the position on H1 and 30M charts. Minimum 1500 pips will be up for grab with small risk SL at swing high. Target 2500 pips Profit expectations: 1-4 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Short
by UnknownUnicorn1372988
EUR/SEK 1D Chart: Channel in TriangleBy large the slow moving low volatile EUR/SEK pair has been slowly moving in an ascending channel pattern on the daily chart. However, it has experienced a distinct spike in the second half of September, which in general is a cause for caution. Meanwhile, on a larger scale the currency exchange rate has formed a massive scale triangle pattern. The tip of the triangle is located almost at the 9.50 mark and in the year of 2018, which means that the triangle might hold for a long time. Although one should watch for possible breakouts near its borders. In regards to shorter term trading, the pivot points and the daily simple moving averages are a good guide.
by UnknownUnicorn890690
EUR/SEK going down on all scalesThe common European currency recently reached the upper trend line of a junior descending pattern against the Swedish Krona. Due to that reason the pair can be considered at a significant crossroads for short term traders. If the pair passes the resistance, which is a lone one, it would surge first to the 100-hour SMA at the 9.50 mark and later on to the resistance cluster located from the 9.5110 mark to the 9.5165 level. On the other hand the rate might fall and search for support in the 55-hour SMA at the 9.4825 level. In addition, if the 55-hour SMA continues to decline, it will be strengthened by the weekly S1 at the 9.4796 level.
Short
by UnknownUnicorn890690
$USD v $SEK - #elliottwave Points To Predictive Model's 8.9109Friends, $SEK is expected to weaken in this pair, where an Elliott Wave carved out an outline of its Contracting Triangle through a series of 3-3-3 internal formations with more (leading triangle) or less (simple zig-zag) complexities. This analysis replaces a recent one, as the Geo lost its geometric validation - However, the foreground Predictive/Forecasting Model remains in force with a resilient bullish target defined as: - TG-Hi = 8.9109 - 01 OCT 2015 ALTERNATE PATTERN - BARRIER TRIANGLE ... BUT NO MORE: Although price is currently perched at the top of a motive wave - which may or may not necessarily mark the debut of the expected ascent - an adverse excursion should be tolerable all the way down to the 8.03040 line - Crossing of the orange square would offer a fair advance warning. Indeed, attainment of this 8.03040 nadir would convert the Elliott Wave Contracting Triangle to a related Barrier Triangle, wherein its Intermediate points (B) and (D) would come to alignment. INVALIDATION OF ELLIOTT WAVE TRIANGLES: If and once price breaks below the aforementioned 8.03040 interdiction level, current analysis become null and void. However, the market geometrist would have to consider the possible nascence of a Wolfe Wave or Geo. OVERALL: An Elliott Wave Contracting Triangle has carved its geometric outline out of Intermediate waves (A), (B), (C) and (D), giving shape to its requisite convergence of A-C and B-D lines with zig-zag internals up to this point. A forecast outline of the expected Intermediate wave (E) is drawn, using slopes of preceding dominant waves, and levels that have been defined as relevant to the Predictive/Forecasting Model. Although Intermediate wave (E) is expected to pass beyond the A-C line, it is defined at the level corresponding to the Predictive/Forecasting Model which had valued the top at 8.91090 on 01 OCT 2015. However, this would not distort the Elliott Wave Contracting Triangle, but simply offer a common "overshoot", which is a distinct signature in this particular geometry. Best, David Alcindor Predictive Analysis & Forecasting Durango, Colorado - USA ----- Twitter: @4xForecaster LinkedIn: David Alcindor TradingView: www.TradingView.com ----- .
Long
by 4xForecaster
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