USD SEK High timeframe analysis....bullishUSD SEK is a bullish chart in the short to medium term but since July 2022, you will see that USD SEK has been in a bearish downtrend. Prior to 2022 it was a bullish up-trending USD SEK.
Now on the daily chart USD SEK recently fell out of a falling wedge, which is usually a bullish signal after price settles and wrong-foots traders. That is what's happened in recent weeks and today a cross-up of the daily chart 9ema and 50ema which is always a strong price action in the days ahead on any chart.
On the weekly chart (right of screen), weekly support recently on the Weekly 200ema and this looks like it will climb in the weeks ahead on the back of a firming USD.
Usdsekanalysis
U.S. DOLLAR / SWEDISH KRONA (USDSEK) Monthly, Weekly, DailyTrades made when the monthly, weekly and daily arrows are pointing in the same direction
are the most profitable.
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is