CHFSEK - Bearish Harmonic ABCD Pattern.CHFSEK has formed Bearish Harmonic ABCD Pattern. Entry price, Stop Loss and TP'S have been marked.
CHFSEK trade ideas
CHFSEK - RangeboundCHFSEK is in rangebound on 1 hour time chart and as per define trade plan can be a good option.
CHFSEKOn a one-day timeframe marker is moving upward. There are two resistances if the market didn't break the last one it will move downward.
The market is most likely to break the first resistance to hit the SL of treaders. Bulls have power today but in the primary trend, bears are in power.
CHFSEK $CHFSEK Initial LongCHFSEK $CHFSEK Initial Long. 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: CHFSEK 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.
CHFSEK $CHFSEK Initial ShortCHFSEK $CHFSEK Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Extremely High Risk, chop zone CHFSEK $CHFSEK Initial Long Extremely High Risk, chop zone CHFSEK $CHFSEK Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
CHF/SEKAscending channel up, waiting for the bounce back so I can start looking for buy opportunities.
CHFSEK can break the weekly support? 🦐The market after an upper move inside a channel has created a huge head and shoulder patter on the weekly chart.
On the daily chart the price after the slope has retraced till the 0.382 fib level and now retesting the weekly structure.
IF the price will manage to break and close below the structure we can set a nice short order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Buy CHF/SEKThis is just a journal for me. I strongly warn you to not take this in your real account. Good luck!
Buy CHF/SEKThis is just a journal for me. I strongly warn you to not take this in your real account. Good luck!
A bullish Riksbank=> Here we are tracking the Riksbank meeting on Wednesday with hikes expected to come in either December or February.
=> We expect December to remain on the cards and continue supporting a bullish SEK tone.
=> On the Swiss side, as you all know from our previous ideas Swiss investors positions in foreign assets remain largely FX hedged so there is little concern for a sudden appreciation for CHF.
=> The risk to our thesis will be a Riksbank taking December and February off the table (markets are not expecting).
=> Good luck all those trading this one in live
SEKCHF MEDIUM TERM PRICE STABILITY BAND TRADINGSHORT SEKCHF AT 11,9520/11.9550
STOP LOSS AT 12,0500
TARGET 1. 11,1000
TARGET 2. 11,000
DURATION: 2-4 MONTHS
CHFSEK Upside expected.Traders,
Seeing a nice long oppertunnity on CHFSEK .
After we broke the resistance we saw a sideways movement for a week, today we finally broke out.
We could see some nice upside movement here.
Good luck.
CHFSEK downside to be seen.We have hit the resistance for the 5fth time with a double top.
Likely to see downside here. Bears are in strong today!
Good luck to you!
CHFSEK daily TAML touch is highly likely for this pair before meeting the support mentioned in the monthly analysis. An interesting point is that the Stoch has been a very good signal provider throughout the entire price action in 2015, and the inner waves might be traded by crossovers therein. This should hold until the ML is hit. Thus, I am now waiting for a bullish crossover to occur in the Stoch's oversold zone, after which I will seek long entries in a lower time frame.
After all, with this one, I have 9 pairs in my lower time frame watch list. Let's hope for the best!
I wish everyone a happy trading week!
CHFSEK weekly TAEarlier I said I would choose CHFTRY as my second exotic pair, but that pair seemed pretty much like EURTRY, which shows that the primary force behind the bullish trends in those charts are coming is the overwhelming weakness of the Turkish currency, which annihilates the difference between CHF and EUR. So I skipped CHFTRY and tried another exotic, which is CHFSEK.
As is seen, the criss-cross pitchforks indicates the imminence of a strong support. It seems the downward action will continue until it reaches that point. Stoch divergence is highly likely, and has a confirming characteristic.
