Put in your shorts on FOREXCOM:USDCAD it's looking to restest resistance on the lower structure and then we will buy in or buy more! Milk this bad boy to the end
Quick analysis of the USDCAD Weekly shows we are in a neutral state attempting and respecting the ascending triangle. Let me know what you think
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
4H Chart Explanation: - On a Weekly Basis, price broke the Ascending Trendline. - Price made a correction after that and is currently on the Pullback to the Weekly Trendline. - Bearish CCI. - If price bounces from here, it has potential to break the Structure and go towards the Support Zone. Weekly Vision: Daily Vision: Updates coming soon!
Pattern: Channel Up on 1M. Signal: Bullish as the pattern made a Higher Low and the bullish leg is half-way through to the next Higher High. Target: 6.4500 initially (just below the 1W Resistance) and 6.65 (just below the 1M Resistance) in extension.
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.
4H Chart Explanation: - On higher timeframes, price broke the Weekly Ascending Channel (check Weekly or Daily Analysis). - Price broke the Micro Descending Channel. - Now, price is on a correction before continuing the down move. - If price breaks it, potential to move down towards the Fibo Levels. Weekly Vision: Daily Vision: Updates coming soon!
𝔹𝕖𝕗𝕠𝕣𝕖 𝕪𝕠𝕦 𝕣𝕖𝕒𝕕 𝕥𝕙𝕚𝕤 𝕚𝕕𝕖𝕒, 𝕡𝕝𝕖𝕒𝕤𝕖, 𝕔𝕝𝕚𝕔𝕜 𝕥𝕙𝕖 𝐋𝐈𝐊𝐄 𝐛𝐮𝐭𝐭𝐨𝐧 𝕥𝕠 𝕤𝕦𝕡𝕡𝕠𝕣𝕥 𝕞𝕪 𝕨𝕠𝕣𝕜. 𝕀 𝕨𝕠𝕦𝕝𝕕 𝕒𝕡𝕡𝕣𝕖𝕔𝕚𝕒𝕥𝕖 𝕚𝕥. The pair is seen to reverse back following a series of weak candles. Sweden celebrated its 25th year of accession to the European Union this month, together with Finland and Austria. They became the 13th, 14th, and 15th Member States of the EU. However, the...
USD/SEK changes the trend starting from this week and goes for the eye! Follow for more. Entry: 9.37 Stop-Loss: 9.27 Target: 9.55 Have a nice week!
The best places for open Buy positions will be above the Mirror Level and above the Support/Resistance Zone. If I'll se an accurate entry point I will make an update. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
Hi, everyone! FOREXCOM:NOKSEK is near a very hard resistance, and just re-tested 1 broken trend line and a resistance level, and now going down! SELL TP(1): 1.05350 TP(2): 1.03240 TP(3): 1.00 SL: 1.0715 Those are long term targets Don't forget the risk management And Don't forget to leave a LIKE :) #KeepGreen Good luck
USDSEK had a strong enough rebound on the July 19, 2019 Support, managing to turn 1D bullish again (RSI = 55.827, ADX = 26.453, Highs/Lows = 0.0481) since November. We are expecting this bounce to accumulate more buyers in the process aiming at the 9.7000 Symmetrical Resistance. Conservative traders may enter a little lower as a pull back is very much possible if...
We believe that EUR/SEK finished its downward trend and ready to go up! Entry: 10.43 Stop: 10.39 First target: 10.53 Final target: 10.61
4 Hour Chart Explanation: - Price broke the Weekly Ascending Trendline. - Price is on a Descending Channel. - Price bounced on the Bottom of the Channel. - Bullish Divergence on MACD. Weekly Vision: Daily Vision:
Daily Chart Explanation: - Price was on an Ascending Wedge since 2007. - Price broke it. - Now, it has potential to move down towards the Support Zone. - We are looking for sell setups on lower timeframes. Weekly Vision: 4h Vision: Updates coming soon!
Hi All , we want to trade the H&S on this pair . First Trade is to open buy above 10.59057 using Buy stop . Setting sl at 10.56334. Second trade is Buy limit at 10.50669 and sl 40pips . Third trade is selling the right Shoulder at sell limit 10.83682 and sl 10.88175 tp is open 200pips . Many Thanks
Time for another forward walk in 2020, this time the focus is EURSEK. I am tracking for a year of "two halves" with the first providing support for SEK and a lot of demand for the most undervalued G10 cross. On the SEK side lets start with the Long-term chart: On the EUR side lets start with the Long-term chart: For the Swedish Macro details, Sweden is...