GBPSEK trade ideas
GBPSEK: Channel Up on 1W. Long term Buy opportunity.The pair is trading within a 1W Channel Up (RSI = 71.320, MACD = 0.168, Highs/Lows = 0.2551) since the start of the year. Recently a new aggressive bullish leg has been initiated on 1D (RSI = 70.181) which aims at a new Higher High for the Channel within 13.2000 - 13.3000. Note that the very same 1W Channel Up was traded from September 2017 - April 2018.
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GBPSEKSame analysis for the GBPAUD. my theses behind every short position on GBP pairs is 85% driven fundamentally but as always with take the road with good risk management
GBPSEK Looking Strong Once AgainLast post: May 19th 2018. See chart .
Review: Price was previously trending up but was below resistance levels.
Update: Price has since moved higher and is now above a previous resistance level after bouncing off the daily 50 simple moving average.
Conclusion: We want to see if the bulls can help to push price higher and break above the previous high.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
GBPSEK Buy SignalPattern: 1D Channel Up.
Signal: Bullish if the narrower 4H Channel Up breaks upwards.
Target: 12.5400.
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
GBPSEK Sell Trade IdeaGBPSEK Sell Trade Idea: Openned A Sell Trade Here, Downward Moving Anticipated To Continue. SL: 11.46 and TP: 11.00.... Happy Trading Best Of Luck.... You Can Enter Here Or Wait For A Pullback
Buy GBP/SEKThis is just a journal for me. I strongly warn you to not take this in your real account. Good luck!
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
GBPSEK: Target hit. Short on High/ Resistance.TP = 11.7644 hit as the 11.4900 1W Support held, pushing the price to a new High. GBPSEK has now priced an even Higher High on this curve pattern, near the 12.1519 Resistance. 1W STOCH = 44.256 and the marginal Highs/Lows = 0.1156 suggest that a gap lower exists. Trade accordingly towards the two support levels.
Possible Short opportunity on GBPSEKIf price makes a turn to the downside in the yellow box, I will be going short on GBPSEK
