USDSEK The most 'neat' sell you can take!The USDSEK pair has been trading within a Channel Down since the May 01 2024 High. The price has been on its latest Bullish Leg since the September 27 Lower Low and right now the price is just a step before testing the top (Lower Highs trend-line) of the Channel Down.
At the same time, the 1D RSI touched the 70.00 overbought barrier and turned sideways for the past week. This is a bearish sign as every time it did so since April 30, the Channel Down had topped.
As you can see there is a high degree of symmetry within this Channel and we expect the new Bearish Leg that will start to follow the same parameters. The previous ones bottomed after around -7.00% declines and on the -0.236 Fib extension.
As a result our sell Target as of today is 9.90500 (above the -0.236 Fib on less than -6.89% decline).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Usdseksignals
USDSEK Bearish break-out imminent.The USDSEK pair is testing the Internal Higher Lows trend-line of the 2-year Channel Down pattern, below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). Having made its last Lower High just above the 0.786 Fibonacci level (similar to the previous Lower High), it is technically expected to break the Internal Higher Lows trend-line and extend to a new Channel Down Low towards the end of the year.
As you can see the structure of this pattern is very symmetrical and with the last Lower Low being just above the -0.186 Fibonacci extension, we expect the next to be at 9.7500 at least.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
USDSEK Under both major MAs. Sell opportunity.The USDSEK pair is consolidating below both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line). This is half-way through the new Bearish Leg of the 1.5 year Channel Down, with the recent Top in May being formed on the 0.786 Fibonacci, just like the previous Lower High (November 01 2023).
The current consolidation resembles that of November - December 2023, which eventually bottomed on the 1.382 Fibonacci extension. As a result, we expect the price to resume the bearish leg soon and our Target is 10.000 (Fib 1.382).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
USDSEK Sell signal on the 0.786 Fib.The USDSEK pair hit the 0.786 Fibonacci retracement level of the previous Lower High of the long-term Channel Down and has immediately reacted with a rejection. This rejection is the ideal short-term sell entry for a 1D MA50 (blue trend-line) test, which the current Bullish Leg hasn't tested since March 21 2024. Our Target is 10.6000.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
USDSEK 6-week Trading planThe USDSEK pair followed our trading plan to perfection last time we made a sell call on it (October 06 2023, see chart below) as it completed the Head and Shoulders pattern and aggressively declined to hit our 10.4500 Target:
At the moment the price is ranging within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) being Support and Resistance levels respectively. We have identified the long-term pattern to be a Channel Down since the September 26 2022 High and the current rise since the December 27 2023 Lower Low to be the new Bullish Leg to a Lower High.
The dynamic parameters here are the 0.618 and 0.382 Fibonacci retracement levels. When the previous Bullish Leg hit the 0.618 Fib for the first time on the way up, in got rejected strongly and pulled-back to the 0.382 Fib. As a result and as long as the 1D MA50 holds, we will be bullish targeting the 0.618 Fib at 10.7500 where we will then turn bearish, targeting the 0.382 Fib at 10.4500 where contact can be made with the 1D MA50.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
USDSEK Head and Shoulders giving an end-of-year sell.We haven't looked at the USDSEK pair in exactly 1 year but it was that Higher Higher rejection (see chart below) that gave us the best sell opportunity since COVID:
On the 1D time-frame an Ascending Triangle has emerged since and the price has been rejected on the latest September 21 Higher High. We can see the emergence of a Head and Shoulders pattern that is supported on Higher Lows. Similar Higher Lows structures have been formed on long-term peaks, you can even see the resemblance on the 1D MACD sequences.
As a result, if the market closes a 1D candle below the 1D MA50 (blue trend-line), we will see and target a potential contact with the 1W MA100 (red trend-line) at 10.4500.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
USDSEK On the most critical 7-year ResistanceThe USDSEK pair has been rising parabolically all year due to the well-known fundamental reasons empowering the USD amidst the high inflation. The price has finally reached though a technical level that we have to consider as it has been forming long-term tops over the past 7 years.
As you see on this 1W chart, the Resistance we are referring to is the Higher Highs trend-line that started after the April 13 2015 High. Every Higher High after that, was formed on every +0.5 Fibonacci extension (1.5, 2.5) and two weeks ago, the 3.5 Fib was reached and strongly rejected the price, again exactly on the Higher Highs trend-line.
However since last week, the price resumed the uptrend and is again about to test that strong Resistance cluster. As long as it closes below, it remains a good long-term sell opportunity. If fundamentals continue to have their way though, then this 7 pattern will be invalidated and buying will remain the only option, in which case the 4.5 Fib will be our target.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
USDSEK Pull-back in September but bullish long-termWe haven't updated the USDSEK pair for over 2 months and on the long-term it still looks bullish. This chart is on the 1D time-frame, where the price reached again the 2.5 Fibonacci extension as on the July 12 High. With the 1D RSI hitting the Lower Highs trend-line twice, which is the level where all price Highs have been made since November 24 2021, it is very probable that this is the new High of the current bullish sequence.
All Highs then pulled back to at least the 1D MA50 (blue trend-line), with the Buy Zone since November 10 2021 being within the MA50 and the 1D MA100 (green trend-line). The 1D RSI has again a Zone indicating where we can buy the pair after the pull-back is completed.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
USDSEK Still bullish long-termThe USDSEK pair had an excellent technical bounce on the 1D MA50 (blue trend-line) following our previous analysis:
As you see that was our 1st suggested buy entry, so if you took the trade you can book (partial) profits and enter on the next pull-back near the diverging Higher Lows trend-line. The long-term entry is now located on the 1D MA200 (orange trend-line). We expect the pair to test the 10.4850 COVID High by the end of August.
--------------------------------------------------------------------------------------------------------
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
USDSEK Best levels to buy.The USDSEK pair has turned parabolic in these past 12 months and is now supported by a diverging Higher Lows trend-line. The ultimate target is the 10.4850 High of the March 2020 COVID pump, but as the 1D RSI is hitting Lower High Resistances, it is best to wait and buy lower upon a pull-back.
Best levels to do so are within the 1D MA50 (blue trend-line) and the Diverging Higher Lows and if that fails, then on the 1D MA200 (orange trend-line).
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
USDSEK: nice daily LONG oppportunityHi Traders,
This is my view on this cross for the next few days.
#USDSEK
Waiting for the price to break 8.6, which is a very important MONTHLY resistance.
As it will become support we can go long on the retest
BUY 8.6
SL 8.426
TP 8.94
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Trading Kitchen
USD/SEK BUY SIGNAL
Hey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Market-Buy-Order: 10,01315
Stop-Loss: 9,83750
Target 1: 10,20400
Target 2: 10,32330
Target 3: 10,44300
Stop-Loss: 750 pips
Risk: 1-2%
Risk-Reward: 2,45
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
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
USDSEK approaching support, potential for a bounce!
USDSEK is expected to drop to 1st support at 9.5442 where it could potentially react off and up to 1st resistance at 9.7015.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.