SEKUSD trade ideas
USDSEK (Lower) Buy SignalPattern: Channel Up on 1W.
Signal: Bullish but wait for a lower entry as the price is approaching the Higher High zone. The optimal buy entry will be when it crosses again the 1D MA50 (projected around 9.60000). Every time the price broke below the MA50, it always stayed supported above the previous low.
Target: 10.00000.
* See how well this pattern worked last time:
USDSEK approaching resistance, look out for potential reversal!
USDSEK is approaching its resistance at 9.84295 where it is could reverse down to its support at 9.55076.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Will the USDSEK Breakout?Last post: See link below.
Review: Price was in a bullish trend .
Update: Price soon moved into a circa 3-month consolidation .
Conclusion: Looking for the current bullish momentum to take price out of consolidation and towards the major round number of 10.0000. We are currently long on this and will look to compound/add further long trades once 10.0000 is confirmed as support.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Short USDSEK @ 9.7014; TP @ 9.50747, SL your choiceShort USDSEK @ 9.7014; TP @ 9.50747, SL your choice
Strong resistance : Short trade favouredCurrently facing very strong resistance from Horizontal resistance , and trading in small range , we favour bearish because it is at top of range currently and awaiting retracement, where as you may see ascending triangle structure on chart which is bullish continuation... so wait for it.
USDSEK potential reversal!
USDSEK expected to rise up to 1st resistance at 9.70103 where it could potentially react off and drop down to 1st support at 9.59276.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDSEK can down to 9.60Further downtrend movement can happen due to technical and fundamental analysis.
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.59276 where it could potentially react off and up to 1st resistance at 9.70103.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USD/SEK AnalysisUSDSEK has been bullish for some time at its all time high and it looks like the bears will eventually come through
1) First thing I noticed is a clear head and shoulders
2) My trendline was broken by a bearish candle which shows the supply for this pair
3) Looking for retracement and continuation to the downside. Fib level lines up perfectly.. Looking for price to retrace around 9.6-9.8
Buy Chanceentry to buy = if the blue zone is broken up
tp is shown in fig
sl = below the blue zone
.......
To receive notifications of entry to the position, join my channel : t.me
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.64486 where it could potentially react off and up to 1st resistance at 9.73378.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Short USDSEK @ 9.6748; TP @ 9.48139, SL your choiceShort USDSEK @ 9.6748; TP @ 9.48139, SL your choice
Long USDSEKJust following the system.
Keeping my risk-controlled.
Keeping my targets systematic
Keeping my entries systematic.
And repeat it again and again.
Trading the way, you are supposed to.
Failed trades are a cost of doing business.
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USDSEK bounced from support, potential for a further rise!
USDSEK bounced off 9.58226 where it could potentially rise further to 9.73661.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Short USDSEK @ 9.72562; TP @ 9.52713, SL your choiceShort USDSEK @ 9.72562; TP @ 9.52713, SL your choice
usdsek sellHi ,
This is Similar to the usdhuf . Same principles .
Entry and Sl marked on chart with TPs . SWING IT .
Many Thanks.
USDSEK relieve move maybe?USDSEK continues at historic highs. Yesterday it made another attempt to break 9.688 resistance area but once again it failed, this is the 3rd attempt and the 3rd fail recently. The day ended with a pretty big inverted hammer candlestick what is also a bearish signal. When looking at RSI we see that it is also loosing strength with each attempt to break the resistance, probably meaning that the bulls are not strong enough.
I expect it to make a relieve move to 9.471 support area where not only the horizontal support but also the trendline coming all the way from January will come into play. What will happen there? No idea but I expect a bit of a consolidation move between these support and resistance area.
Lets look at the 4H to see how I intend to play this pair:
I would like to see the pair making another weak attempt to break above the highs and fail. Then I will enter the trade on the break of the black line. If the pair goes straight down I am afraid I will miss the opportunity and will wait for the next pullback.
Trade safe!
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 0.964127 where it could potentially react off and up to 1st resistance at 0.973661.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
