W9.1-15 EURSEK BEARISH IDEA (DOUBLE TOP)Potential Bearish Entry
Dow Theory In Place - Lower High and Lower Low Expected in Place
Formation of DOUBLE Top coupled with bearish divergence (Bearish reversal pattern)
SL & TP Levels are defined.
EURSEK
2 SCENARIOS ON EURSEKHello guys! Here we have 2 possible scenarios on EURSEK, but as trading si all about reacting correctly not predicting, we should firstly wait for a break in any direction, and only after that we can be looking for an entry at the retest. What do you think? I would consider a long position based on the other technical indicators, such as oscillators and moving averages. OANDA:EURSEK
EURSEK $EURSEK Initial ShortEURSEK $EURSEK Initial Short. This is a pure momentum signal just as are every other signal I post. ZERO other factors are considered in producing this signal.
Entry reasons: EURSEK is showing momentum and confluence of mean reversion crossing up the 70 day price mean.
Exits and SL: TP and SL on chart. Move SL on TP. After TP2, trail with 0.5xATR step and 1.5xATR offset.
EURSEK: Dips worth buyingEURSEK
Intraday - We look to Buy at 10.6539 (stop at 10.6164)
The medium term bias remains bullish. We look to buy dips. Our short term bias remains positive. Downward pressure has continued and we are assessed as being in the corrective leg lower before the next rally. Previous support located at 10.6500.
Our profit targets will be 10.7529 and 10.8182
Resistance: 10.7600 / 10.8000 / 10.9000
Support: 10.6700 / 10.6500 / 10.5859
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EURSEK:Euro back?EUR/SEK
Intraday - We look to Buy at 10.5061 (stop at 10.4794)
Preferred trade is to buy on dips. Prices have continued the bullish move higher and resulted in 5 consecutive positive days. There is scope for mild selling at the open but losses should be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 10.5900 and 10.6100
Resistance: 10.5900 / 10.6074 / 10.7000
Support: 10.5000 / 10.4500 / 10.4000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EUR/SEK potential bottomRight now EUR/SEK is trading at strong support, which goes in line with Fibonacci and Volume Profile indicators. As long as daily close remains above this support area, we should see the formation of the bottom. Potentially, this is the beginning of a medium-term rally, towards 127.2% Fibs
EURSEK High-risk Short ScalpEURSEK High-risk Short Scalp. TPs on the chart. 100-200x leverage. Move SL on TP.
eur/sek longEUR / SEK has a clear accumation status. Now the supply in the accumulating zone is broken.
EUR/SEK Volume Profile 📊 and Price action analysis 📋On EUR/SEK is nice to see strong buying reaction from the price 10.2588 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Resistance from the past + Uptrend + Strong volume area is my mainly reason for this long trade....
Happy trading
Dale
Short Vision on EUR SEK for 07/03/2022Hello Dear Traders,
You find below my analysis for EUR/SEK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/SEK will fall to 10.78 as I am showing in my chart. Our Daily Goal is 10.75.
Currently, EUR/SEK is moving towards the resistance level 10.87,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/SEK.
Good Luck and enjoy your Bearish Market for today.
Entry:@10.87
TP1: @10.84
TP2: @10.81
TP3: @10.78
SL: @10.91
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Short Vision on EUR SEK for 04/03/2022Hello Dear Traders,
You find below my analysis for EUR/SEK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/SEK will fall to 10.78 as I am showing in my chart. Our Daily Goal is 10.75.
Currently, EUR/SEK is moving towards the resistance level 10.85,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/SEK.
Good Luck and enjoy your Bearish Market for today.
Entry:@10.85
TP1: @10.83
TP2: @10.81
TP3: @10.76
SL: @10.89
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Short Vision on EUR SEK for 02/03/2022Hello Dear Traders,
You find below my analysis for EUR/SEK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/SEK will fall to 10.73 as I am showing in my chart. Our Daily Goal is 10.71.
Currently, EUR/SEK is moving towards the resistance level 10.81,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/SEK.
Good Luck and enjoy your Bearish Market for today.
Entry:@10.81
TP1: @10.78
TP2: @10.76
TP3: @10.73
SL: @10.85
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Short Vision on EUR SEK for 10/02/2022Hello Dear Traders,
You find below my analysis for EUR/SEK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/SEK will fall to 10.41 as I am showing in my chart. Our Daily Goal is 10.39.
Currently, EUR/SEK is moving towards the resistance level 10.485,where there is some liquidity from this value we are looking for short-term selling opportunities of EUR/SEK.
Good Luck and enjoy your Bearish Market for today.
Entry:@10.485
TP1: @10.45
TP2: @10.43
TP3: @10.41
SL: @10.51
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
