SEKJPY Long on Regression BreakSEKJPY is now net long.
I will not take this trade because it is now to close to the upper bounds of the range.
SEKJPY trade ideas
SEKJPY at Major Resistance - Could it Reach 14.133?SAXO:SEKJPY is approaching a key resistance level that has previously triggered bearish reversals. While current bullish momentum has driven the price into this zone, it could present an opportunity for sellers to step in.
If bearish signals such as rejection wicks or bearish engulfing candles appear, a move toward 14.133 could follow. On the other hand, a breakout above this resistance would invalidate the bearish bias and signal potential for further upside.
Key Takeaway: Wait for clear rejection patterns before considering short positions.
SEKJPY Short on Regression BreakSEKJPY has had strong resistance above and is now on a short bias on the Regression break.
I will active my EA's on this pair and all it to enter when the time is right.
Trading Signal for SEKJPYDirection: Buy
Enter Price: 14.815
Take Profit: 15.07766667
Stop Loss: 14.83366667
Justification for the Forecast:
This forecast has been generated using the EASY Quantum Ai strategy, which leverages advanced machine learning algorithms and quantum computing to analyze large datasets and identify profitable trading opportunities. The following factors contributed to the decision to buy SEKJPY:
1. Technical Analysis: Recent technical indicators suggest an upward trend. The Relative Strength Index (RSI) is in a favorable position, indicating potential upside movement.
2. Market Sentiment: Current market sentiment and investor confidence are leaning towards a bullish outlook for the SEKJPY pair. There has been an observed increase in bullish positions from institutional investors.
3. Economic Indicators: Recent economic data from Sweden show positive economic growth and stable monetary policy, which supports a stronger SEK in the near term. Meanwhile, the Japanese yen has experienced some downward pressure due to concerns over economic stagnation.
4. Geopolitical Factors: Geopolitical stability in Sweden compared to uncertainties in Asia has contributed to the relative strength of the SEK.
5. Machine Learning Insights: The EASY Quantum Ai's machine learning algorithms have identified historical patterns and correlations supporting a bullish move in the SEKJPY pair.
This detailed analysis underpins the buy signal, with an entry price set at 14.815. The take profit level is positioned at 15.07766667, considering expected upside potential, while the stop loss is set at 14.83366667 to minimize risk in the case of adverse market movements.
SEKJPY - pullback Currently in uptrend so requires patience for break of trendline support for confirmation.
Lowest trendline break would signal bearish reversal
4. SEK JPY - Bullish TrendSEK JPY is working according to Dow's theory. it is making HH and HL continuously. and the bullish trend is drawing on the chart. We will split our Risk in 2 orders. 1st order will have a 1% Risk along with a 1% reward and 2nd order will have a 1% Risk along with 2% Profit.
Buy SEK JPY when the price is up to this point 13.3790
Stop Loss: 13.3240
Take Profit 1: 13.4340
Take Profit 2: 13.4890
SEK/JPY // 0.618 strategyAs you can see in the bottom picture, the prices have returned to 0.618. If we look at the top picture, 2.24 or 2.618 sales can be opened.
SEKJPY 1H - Bear Trend Continuation------ Trade ------
Chart: SEKJPY-1H
Type: Short
Entry: 12.863
Stop Loss: 12.945
TP1: 12.781
TP2: 12.699
Analysis:
SEKJPY-1H is currently in a bearish trend. If the price breaks below 12.863 which is previous lower low level, it will be a sign of bear trend continuation. In this case we can enter in a short trade. For this trade the stop loss will be at 12.945 which is the previous LH level.
SEKJPY We are bellow a resistance, we already had signal that the price will go down, I take the trade as high as possible.
SEK JPY The resistance has been reintegrated but we can't trigger the rise, many buyers should be taken out with the break of this blue line.
We take the sale after the breakout of the yellow resistance.
1/1 Sto -> 0
SEK JPYWe are below major resistance, I'm looking for a signal indicating the departure in the opposite direction.
Stop 0 when 1 is hit.
short sek/jpy 15 minhey all as we can see big resistence in this area i will sell to look for targert
tp= 13,083
good night and goodluck
SEKJPY back to 13.08The blue marked box is what we call a structure candle. The market typically tests such a candle and therefore we created a trading strategy on it. Now we know where the market will probably go to we just need to wait untill all the rules of our strategy are met to create a setup and ride the trade.
SEKJPYA sell setup is formed after a break out and a consolidation below the 4H trendline. After a series of a meltdown, Yen is expected to gain strength.
SEKJPY....4hThe analysis is based on technical patterns ... on the 4-hour chart
We now have a wedge pattern
We are waiting to break it from the bottom.
Long SEKJPYOverall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
SEKJPY Sell Breakdown Hi there,
SEKJPY is setting up for breakdown watch for breakdown and look for short.
Good Luck
SEKJPYRetracement zone 0.5, Previous swing move was extended likely to be a wave 3, Current wave bias is a failed wave 5.
