USDSEK Horizontal Support Levels USDSEK
Trend: Up
Level: Horizontal Support Level, EMA 10 Support Level, EMA 20 Support Level, Fibonacci Retracement Support Level
Signal: Rejection Candlestick
SEKUSD trade ideas
USDSEK - long- The market has broken out of its range appears to be retesting what was resistance (is now support). Biased for the continuation to the upside. 50 EMA is acting as support. Waiting for the market to break the immediate trend before entering for the buy.
USDSEK Take Profit Price 9.24240USDSEK Inside Bar formed at EMA 10 Support Level, EMA 20 Support Level, and Horizontal Support Level.
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I only share my analyse for Educational Purpose
USD/SEK preparing for a big drop (long term)USD/SEK has some more upside as a 5th wave to go before downward trend continuation.
The price should, in this case, continue to at least a 161.8% extension of A B but it could even go higher to the 50 to 61.8% range (se the box area).
A lower low in that area should be a trigger for shorting with a very good reward risk ratio.
USDSEK - short bias- trend is bearish. the market broke out of my daily support/resistance zone. Expecting price to sell to support. The market is also at the 50% fib retracement level.
USDSDK| Neutral Correction after breakout Entry :)Good Day Everyone :)
Even though Price is in a horizontal correction often precursor for continuation PA, in this case I'm biased towards the bears, but either way which ever LTF correction after the breakout I see, I'll take it bullish or bearish.
Short rangetrade on USDSEKSimple clean price action trade, short on FX:USDSEK from resistance, target at next support.
Waiting for a nice retracementAs USD is about to gain strength soon we shall buy once it reaches our trend line
Longer term short on USD/SEK?Disclaimer: I have no idea what I'm doing so don't listen for a second about what I'm talking about. I'm just hypothesizing and learning.
My thoughts:
The week ending November 22nd saw the finalization of a Navarro 200 harmonic pattern on the weekly chart. Price since then seems to have rejected off the resistance at the 9.1/9.2 area that lends to the bearish downtrend. There is a bearish butterfly pattern followed by a double top on the daily, but as of now, the price has not broken below the neck. I would be entering a longer term short if it does so in the next few days. I will also wait to see what happens with the cup and handle chart on the 12 hour to see if things are thrown on their side in the short term. Might be able to scalp a long before a drop. The 1 hour appears to be in a nice bearish channel.
USDSEK!This looks clearer than some dollar exotic pairs.
We see this market push up soon and looks ready!
Trade with care use a stop loss.
USDSEK shortAfter breaking the SL, I waited for the next zone to open a short position. I marked the zone, got a signal from the chart and opened short positions
usdsekusdsek as powel elected again usd gain power so i think it will compelete its move to next box so we wait till see what will happn in next resis
USDSEK Triangle Chart Pattern (Target Price 9.00728)USDSEK Foreign Currency Pair
Trend: Up
Level: EMA 10, EMA 20, Diagonal, Horizontal
Signal: Break Out Candle
USDSEK - BUY strategyThe Donchian channel is violated upside, and the bottom channel is shaping similar direction. Further, we have the DMI DI+ crossing above signal line showing we may see strong up move of USDSEK coming trading sessions.
Strategy BUY USDSEK 8.8700 with stop-loss below 8.5500. Profit objective 9.7500.
USDSEK shortThe higher-term market is upward. Now there will be a correction to this move and then up again. I marked a position, I opened a short
USDSEK shortThe market continues its downward movement. I have marked the place, price and target. I am waiting for the price to come back, the signal from the chart and I will open the position
USDSEK - BuyHello, traders
This pair has the potential to go higher after completing its 12345 pattern
If you have a similar trade, please comment below
Good luck :)
Low probability high reward LONGThe dollar has been drowning. Might be time for it to catch it's breath.
