Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
JUST MARVEL AT WHAT THE MKT DRAWS SOMETIMES. LOOKS LIKE A STAR CONSTELLATION OR SMTH But yeah, the pair will probably move the way I've drawn it too, so watch out for longz _______________________________________ LIKE for the pretty pic, SUBSCRIBE for more COOL stuff
Main items we can see on the chart: a) The price has been on a bearish trend since MARCH 2020 b) Currently, the price is below a previous Support zone now working as a resistance c) The main style of the strategy we are showing here is looking for previous situations at the same level and use them as models for possible resolutions on the current...
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
USDSEK is close to a weekly resistance. Market is currently renging between 2 structure and after a long bear move there is the possibility to see a retracement. Price currently broke the inor channel and is testing the support structure. IF the market will break and close above the weekly structure, at the restest of it, we can set a nice long order according...
Buy opportunity USDSEK 📈 price should test this level use stop loss 🚨
Hello traders! - NEW SUPPORT was formed - BULLISH ENGULFING PATTERN appeared on the 11st of June - MACD reversal TARGET can be set in proximity of the 3 Fibonacci Levels, drawn thanks to FIBONACCI EXTENSIONS TOOL. Please, notice that the 61.8 FIBONACCI LEVEL coincides with the RESISTANCE Remember to put a stop loss in order to secure your capital! Not a...
USD/SEK is going through a steep downtrend which will not last forever so be ready to buy! RSI 14 is OVERSOLD and the price seems really closed to the support line! My suggestion is to GO LONG waiting for a strong rebound which might last until either the 38.2 Fibonacci level (dotted line) or the price resistance started in the first part of May. DO NOT FORGET...
Hi Guys, if the breakup of the horizontal resistance will be confirmed over the next week, we can project a new monthly target at 13. Thank you, Simone
Shorting USDSEK as i'm seeing several rejections and possible end of the uptrend, let me know your thoughts :)
Use this as a guide to develop your view of the chart. Main items we can see on the Daily Timeframe. a) The main structure the price is in is an ascending channel. b) Currently, the price is on the higher trendline of the ascending channel. c) Remember that Technical Analysis doesn't tell us what is going to happen. Technical Analysis shows us zones in...
7 hour stochrsi cross from 25 bullish momentum strong 15 ichimoku signal says long from here lagging span above cloud price above cloud green moku ahead conversion line over base line
Eyes on SEK bottoming out in a larger Head & Shoulders pattern. Keeping an eye on this market closely where we will add directional exposure to the downside on a break and confirmation of the pattern. We are currently net short NOK against a basket of currencies.
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Planing on shorting the break of the trendline on USD/SEK. The pair is currently doing a retest of the break of the bigger trendline.