SEKUSD trade ideas
USDSEK DAY TRADE SELLENTRY 9.68176
TP 9.60887 ( RR+2.18)
SL 9.71481
INTEL: The contraction is leading right to a previous top making this a possible double top pattern.
Price action achieved a fake-out to the upside, showing that the "buyers" are dying out.
TP1 (50%) and TP2 (61%) both line up with previous resistances, now supports.
Bearish Movement Coming on USD/SEK by ThinkingAntsOk-Daily Chart Explanation:
Price is currently making a Double Top Pattern with the previous high. We need for a rejection daily candlestick to confirm the bounce, but in case it happen then there is a potential movement towards the Support Zone at 0.9300. And, nn case this zone is broke, then the Weekly Ascending Trendline would be the target.
-Weekly Timeframe:
USDSEK approaching resistance, look out for potential reversal!
USDSEK is approaching its resistance at 9.69096 where it is could reverse down to its support at 9.54277.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Sweden must do this...Sweden must
Lower fuel taxes
to continue inflate.
And to be able to present
a good consumer price index.
And........
They can then claim
that there is no
Inflation.
And the funny part is
that everyone will
believe it.
In ascending channel testing previous highs Overall View on USDSEK is bullish till our ascending channel structure is valid , however we will be looking for better entries to buy .
We can buy on break-out and retest above horizontal s/r , or we can look for long trades near ascending trendline if not then from bottom of channel.
USDSEK reversed from resistance, potential drop!
USDSEK reversed off its resistance at 9.64758 where it could potentially drop further to 9.59540.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
DXY reversed from resistance, potential drop!
DXY reversed off its resistance at 9.66000 where it could potentially drop further to 9.59540.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDSEK is going to retest 9.70USDSEK is going to retest 9.70 beeing moved by current uptrend and local trend. 9.70 will be a sign 1)uptrend can go further 2)can be correction down. Right now may be an opportunity for some profit in staying long.
USDSEK reversed from resistance, potential drop!
USDSEK reversed off 9.64207 where it could potentially drop further to 9.53944.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Testing new forex pairs Looking at this exotic pair and testing on demo to see how it reacts with market structure and price action.
USDSEK BUY ON STOP 1/2 position (smaller then usual)Buy in stop at 9.59
Stop @ 9.4720
If we get into this trade target will be a wait and see approach.
Like us and follow is. Happy trading and watch your capital always.
USDSEK bounced from support, potential for a further rise!
USDSEK bounced off its support at 9.52966 where it could potentially rise further to 9.59545.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.52966 where it could potentially react off and up to 1st resistance at 9.59545.
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USDSEK bounced from support, potential for a further rise!
USDSEK bounced off its support at 9.54484 where it could potentially rise further to 9.69613.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Usdsek longHoping to go long once price brakes and set above the blue line (resistance)
Chart forming a descending triangle
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.54484 where it could potentially react off and up to 1st resistance at 9.69613.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDSEK bounced from support, potential for a further rise!
USDSEK bounced off its support at 9.56159 where it could potentially rise further to 9.69613.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDSEK bounced from support, potential for a further rise!
USDSEK bounced off its support at 9.56159 where it could potentially rise further to 9.69613.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
