GBPSEK trade ideas
Long long term GBPSEK observedHello Traders,
Long long term for GBPSEK observed.
I will be honored for your reflections on my thoughts for this analysis.
Thank you.
EURGBP lateral inversion against GBPSEK.EURGBP and GBPSEK are -97.5% correlated hence we should see a bit of a laterally inverted effect between the two, in which we do hence this can be further confirmation for the EURGBP rise.
GBP/SEK- Fundamentally based from the Swedish Terror attack over the weekend.
- Technically, it has been riding the keltner channel for the past few days and its trading between the 50.00% and 61.85 Fib lines.
- Estimated Profit Point: @ 11.2418
- Stop Loss @ 11.07
GBPSEK weekly outlookHi traders, hope you're having a great weekend.
GBPSEK is currently right at the breakout zone, and I am expecting breakout to the upside next week.
Best regards,
Tom_Killick
If point D is approved long position GBPSEK buyIf point D is approved long position
shark pattern
min target: fib 50%
typ target: fib 61.8%
GBP/SEK SHORTIn my past idea I believed that the support level would hold, as the price now broke through the support, I now believe that the price will fall further.
GBPSEK buy setupHi guys,
The GBPSEK broke out of daily structure. I am expecting a corrective move up on the 60 so watch for a buy set up. The next daily confirmation I am expecting to be upside.
Thank you for your support.
GBPSEK Short Long termHead and shoulders pattern seems to be forming, if this pattern is completed, we'll most likely see a decline.
Buy GBP, Dump SEK-Long term correction underway.There is a 3 bar reversal pattern in the monthly chart with oversold stochastics. For long term traders look to buy after the close of this month IF and ONLY IF November candlestick closes as a B ull bar .
weekly chart is pretty strong too, look to buy with any correction in the 4 Hour chart.
for day traders, trick is to buy only after a candlestick closes strongly above the 11.25 level with an oversold stochastics.
Trade recommendations:
Buy above 11.25, Stop Loss: 11.20 Take Profit: 1:3 risk reward ratio
(4h) Bearish Bat @ DivergenceFX_IDC:GBPSEK
"Small" Shark between the tops...
Safe Trades;
Ruby - open.spotify.com
GBPSEK (Long - Counter-Trend) I view this as a good bottom fishing opportunity. This also coincides with my bullish dollar/short Swedish Krona thesis. I am bullish pounds as well for the time being (as long as GBPUSD holds above 1.4000).
