GBPSEK trade ideas
GBPSEK Buy SignalPattern: 1M Channel Up.
Signal: Bullish since it broke the middle of the Channel after a rebound on the Higher Low.
Target: 12.6000 (+10.70% rise from the Higher Low).
GBPSEK Short on demand spikeThe demand spike outside the BB triggered my attention. It\s a bit risky with all the brexit news, but let's see what we can get out of this one.
GBPSEK DOUBLE TOP/RSI DIVERGENCE + .618 RETRACEMENTLooking to catch another leg down. Support at 11.45
GBPSEK: Long opportunity within the Channel Up.GBPSEK is trading within a 1D Channel Up which is currently approaching its Higher Low zone (RSI = 57.201, MACD = 0.073, Highs/Lows = 0.0000). Technically that is the most optimal Buy Entry and we are taking this long opportunity with 12.2500 - 12.3000 as the Target Zone.
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Comments and likes are greatly appreciated.
bearish expectancy multiple tested resistance. double top first leg. waiting for the second leg and candlestick reversal confirmations. zone susceptible to false breakouts incase of breakout a retest with a clear price action wil be best to go long
GBPSEK Forex cross pair forecast, monthly demand imbalance GBPSEK Forex cross pair forecast is bullish.
With a strong monthly demand imbalance in an uptrend gaining control around 11.600. In a uptrend, only buying GBPSEK Forex cross pair is possible. Monthly uptrend, monthly demand imbalance in control, no shorts are allowed. We do not need any indicators to tell us that we can go long on GBPSEK since there is a clear trend and a big timeframe imbalance has gained control.Similar scenarios are happening on many GBP Forex cross pairs with monthly and weekly demand levels and imbalances in control. Learn to trade Forex using supply and demand imbalances.
No need to use any kind of indicators or oscillators to learn how to trade Forex using supply and demand imbalances. Clean and uncluttered charts are all we need to plan a trade on Forex by locating strong impulses that comply the looks and shapes of a supply and demand imbalance.
GBPSEK: GET READY - REVERSAL PATTERNSThese two are called reversal patterns on GBPSEK. It is about the shape of the pattern. This is experience-based knowledge. This does not mean the most recent pattern is bound to reverse. This is not a prediction. It is a probability estimate.
GBPSEK is a very volatile instrument which is much avoided. How strange cuz volatility is needed to make profits (and controlled losses).
GBPSEKQuick sell this morning GBP seems pretty week for some weeks if price break lower expecting a sell off all the way down
GBP/SEK: Q3 + Q4 trade with huge potential - don't miss this!Dear Traders all around the world!
Feel free to leave a like and a follow not to miss any of my trades:)
This is more of a mid-term trade as we are using the weekly chart . A short-term analysis will follow shortly after publication of this analysis.
GBP/SEK respected our bullish OB and closed last weeks candle with a rejection formation while hitting the 3D 200-EMA to the pip.
As for now we are watching for a solid weekly close above 11.9486 . Updates on HTF confirmations like daily and 3-day will follow.
While expecting a run to 2015 levels by EOY as liquidity remains above 2016 yearly-high this is a solid 11.0 R/R trade.
EQ: Equilibrium
POC: Point of Control
HTF: High-time-frame
LTF: Low-time-frame
R/R: Risk/Return
GBPSEK 08.07 EEGood luck , support you like, please leave your ideas below.
Updates will be in the comments section below.
GBP/SEKThis is not a trade Idea, we hold position for a very long time for portfolio hedge book. we are aiming British pound to rise against SEK at least before summer and it also seems like a very attractive trade for now as few big players are planning to buy many stop losses.
