USDSEK continuation to upside
Updated
Hi guys,
This is a daily corrective structure and it's breaking on the 1d chart so look for a buy set up. There is bull momentum within corrective structure, and the move up today shows more bull enthusiasm, meaning that going long on breakout with your own trading strategy could be a good idea.
Thank you for your support.
This is a daily corrective structure and it's breaking on the 1d chart so look for a buy set up. There is bull momentum within corrective structure, and the move up today shows more bull enthusiasm, meaning that going long on breakout with your own trading strategy could be a good idea.
Thank you for your support.
Note
It's moving toward bottom of structure, will it retest structure and rally out of structure? Or breakdown and invalidate the trade? I guess we will soon find out. No trade placed. Wait for the price to tell you when to get in. Patience is key!Note
Price broke structure to downside, buys are now invalidated. This is why it's key to be patient even when structure looks great, this is because something that looks great is NOT great until CONFIRMED.This is why patience is so key in trading, and any strategy you have should interpret this, and protect your capital.
Note
Prove opened very high, and thus far has broken Fridays candle range. Looks like a bull run and if price breaks into structure again could be a new interesting rally to the upside!Will it break into structure? I guess we will soon all find out.
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