Bullish retrace on USDSEK 1/12.I am looking at a retrace on what appears to be a sub Wave C. Fibonacci goals inplace on this temporary move, whether a ?x/?B wave. Will be looking for new drop entry points post this. Not financial advice.
USDSEK trade ideas
USDSEK hourly bullish bat pattern long opportunityUSDSEK has 2 bullish harmonic patterns after hitting the daily demand zone.
I'll be willing to wait for a reversal sign after it hit the 8.7150 spot to long.
Let's see how it goes yo!
USD/SEK USDSEK broke the falling wedge which is a classic bullish chart pattern. Now, there is a global downtrend, locally - uptrend. I show the next targets.
Best regards EXCAVO
USDSEK: Better Opportunity SportedIf You have a different point of view Please kindly comment or post your chart image below and Substantiate.
*Note this my projection of price behavior and may be used for trading purpose, However CFDs are complex instruments and involve high Risk and may not be suitable for all investors. Past performance does not guarantee future results. All predictions are strictly speculative and for educational purposes only therefore Use effective risk management.Trading foreign exchange carries a high level of risk.
USDSEK REVERSAL BUY TEST OFF THE HARMONIC FORMEDMARKET IMPULSED CORRECTED REJECTING OFF OF FIB ZONES TIME TO GO LONG
USDSEK, What to do?..If the price will fall to the level rapidly we should open scalp Buy.
But if it will approach slowly don't trade buy, it will become sell possibly.
We should get confirmation before.
The potential profit will be 3 times bigger than the risk.
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Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
wait for market open a good pair to watch for great profitall points included
break and retest need
happy trading
USDSEK 4hr demand zone after weekly demand zoneUSDSEK had hit the weekly demand zone.
Here we got this 4hr demand zone, I'll be willing to take the pullback long.
Let's see how it goes yo!
USD|SEK 4H Bullish PlayFX:USDSEK
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On the 4H we can see that currently price action has successfully bounced from the top of the wedge it broke out of, finding support on the 0.618 level on our Fibonacci
We can expect price to eventually break above the 0.5 level of the Fibonacci and potentially find it as a support zone before continuing on a bullish trajectory
Keep in mind that the MACD is getting ready to shift above the 0 threshold allowing both the EMA and the Signal to cross, following suit with an upward trajectory as price action continues bullish
Potential long on USDSEKprice is trying to move higher , long if price closes above 20 SMA , or near 200 SMA . with target as 50 SMA ..
Above are short term trading setups based on Moving Average Only .
Moving average can show you trends / support resistance levels , ranging market etc.
Just like trendlines we trade breakouts , retests of moving averages too ,
To trade correctly our ideas , follow the instructions and wait for candle close wherever advised.
USDSEK Buy Set UpEnvironment currently bearish, waiting on a change on environment to bullish for a good buy trade.
Trump tested positive on coronavirusThe Swedish krona holds onto its gains despite the recent surge of the strength of the US dollar following the breaking news that President Donald Trump and his first lady, Melania Trump testing positive for the coronavirus. It clearly looks like the safe-haven appeal of the US dollar isn’t working well against the Swedish krona and the exchange rate’s prices are bound to crash to its support level in the coming days. Most experts believe that the krona is exploited as one of the strongest currencies in the market right now, well, at least in the short-term outlook it’s undeniably strong. Also, the Swedish krona remains unfazed despite the dovish remarks of the Swedish central bank’s meeting minutes. Recent reports say that Riksbank is willing to deliver further monetary policy adjustments and stimulus which failed to weigh on the nerves of bearish investors. The interest rates of Sweden’s central bank are already sitting on negative territories.
USDSEK path and directionHello everyone
USDSEK broke the downtrend channel
Retested the broken trend now heading higher
now USDSEK started a uptrend channel
watch price action inside this uptrend channel and price action for more confirmation
trade with care :)
any question feel free to ask :)
USD_SEK BEAUTIFUL STRUCTURE| THE DRAWING IS COOL A.F.
JUST MARVEL AT WHAT THE MKT DRAWS SOMETIMES.
LOOKS LIKE A STAR CONSTELLATION OR SMTH
But yeah, the pair will probably move the way I've drawn it too, so watch out for longz
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USDSEK Bull TrendBullish trend for the USDSEK, set-up done over a zig-zag pattern
All of my market shared technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content. At this profile page, the analysis, ideas and also, the strategy of a chart belongs to Khiwe; -it is not to advice on financial markets; please apply your own analysis and confirm it with price action.
USDSEK Wyckoff Accumulation Setup (8 hr time frame)The downtrend that has been in place since the March 20 high may have concluded, at least temporarily.
the market has moved sideways in a trading range since 31 June
The market is potentially in a back-up move.
Needs to hold > 8.639
