Your trading idea on USDSEK Raising wedge pattern, and has broken however we wait to see close of the candle stick to confirm breakout.
USDSEK 15 Minute TF Feel Free to message me if You'd like to work or learn with me! USDSEK Broke down from the supporting trendline a few hours ago and sustained the breakout as well However it is back at a strong support once again and is expected to make a double bottom and give a strong reversal! The MACD has been consolidating since some while and is also...
Expected Upside for USDSEK on May 17, 2021
There is a great buy opportunity in USDSEK as the prices are rising high. The breaking of these prices above a falling wedge chart pattern and the support of technical indicators such as Parabolic SAR and stochastic RSI make it ideal buy for the day
- Hi 👋 trader Highly recommend SELL it this currency that TA - gain with me profit of 4000 above pips. - USDSEK is forming an Symmetrical triangle pattern . - Breakout from this Entry zone can lead it to 9.83865 in upcoming days. - USDSEK SELL : 113.960 - 1st Target : 9.44054 - Stop loss : 9.92237 - Risk : 798 pips, Reward : 4100 - USE 0.05 LOT ONLY. - IT IS...
Supports are at 9.0340 below here, 9.0000 exists. A break of these would be needed to initiate further retracement to 8.9830 and 8.9550 its 50MA. Resistances at 9.0925, 9.1630 and 9.1880. The erosion of these thresholds would be needed to initiate a more pronounced recovery to August high 9.2470 and 9.3280. The daily RSI has been propelling down, and the...
We are buying a bullish trend reversal at the bottom of an ascending channel. The stop loss was placed at the las botton and the target is at the channel top. The stop should be moved to bottoms left after the buy.