Ascending triangle intraday Got in after the breakout of the ascending triangle as the price was retesting the horizontal price level of the triangle. Stop loss was under one of the triangle's local lows. Profit target is around November 30th highs. (Posted post factum)Longby Cherry94Updated 0
EURSEK OutlookFOREXCOM:EURSEK This is currently in a strong uptrend, however a reversal may occur after it reached the previous high (Peak to the left). It is best to allow this to run and put on a short position after the support level is broken. Will still need to watch and make sure there is no bounce on the lower trend line. Shortby StampsFX2
EURSEK Longthere is a possible head and shoulders. for confirmation, need to close a candle above the neck-line. until the closing above the neck-line I do not open a positionLongby TheMagician-Updated 6
Christmas Gift--Sell--EURSEKAnother opportunity to short, don't be fooled. Every pull back a selling opportunity with first targets at 10.00, sell at 10.291, stops at 10.35Shortby Kipyegonn0
EUR/SEK 1H Chart: Two scenarios likelyThe EUR/SEK currency pair has been trading in the falling wedge since the middle of August. Also, the pair has reached the lower boundary of the long-term ascending channel. Currently the rate is testing the lower channel line at 10.22. If given channel holds, a reversal north occurs in the nearest future and a breakout north from the wedge follows. Potential upside target is the Fibonacci 23.60% retracement at 10.45. If given channel does not hold, the pair continues to trade within the wedge. A possible breakout north from given pattern might occur near the 10.15 mark.by UnknownUnicorn8906902
Long EURSEKTrading above the bearish channel so Buy at 10.30 SL 10.26 TP1 10.33 TP2 10.345. Follow me for trade updates. Please like and share if you agree on this idea. Longby Trad3WithFarazUpdated 228
EURSEK - 240 - Finally, a break has happenedTrade Alert Finally, the downside resistance line got broken. Now the big task for EURSEK is to overcome the 10.3500 barrier, which could clear the path towards higher levels. The next potential area of resistance could be seen near 10.435, marked near the high of the 26th of October. Alternatively, a drop back down below the downside line and the 10.2880 level, would increase the chance for the pair to move lower. This is when we could start examining the previous lower levels, seen earlier this week. Don't forget your SL. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with the Company.Longby JFD_Research0
Entry at rebound / pullbackI was trying to get in with my pending sell limit order with my Stop Loss above one of the highs of the current pullback. My profit target is at local low. (Posted post factum after being stopped out)Shortby Cherry94Updated 0
EURSEK DECLINING WEDGEJust going for a simple 2:1 RR. We'll see, some areas of minor support, wouldn't be surprised if it doesn't hit my target. Longby lostamerica142
EURSEK | TARGET PRICE 10.10935 | +4R | R-MULTIPLE | SHORTWaited for break and close of candle. Entered after retest of the line. ---- Trade Journal Notes.Shortby TradeLive-1
Trying again, this time reboundI already tried to get in the breakout of "A" level and the following short-term flag in my previous EURSEK idea. As it's not going without retests, I'm going short now as a rebound from the strong "A" level. Stop loss above "A" level. Profit target around June lows.Shortby Cherry94Updated 3
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!!! THANKSLongby GWAVE2
EURSEK downNice little trade. Trading EURSEK down after clear rejection of higher prices. 1st TP @ 10.25Shortby RF15082
EURSEK broke major daily support! And possible continuation downEURSEK been trading at this level for a while, where the highs was getting lower and equal lows building pressure for a break below support. That break happened today where we also see a break of the 200 Daily SMA, and i see possible continuation to the downside. This is an exotic pair and have a wide spread so you may need to play it with small lot size. SL could be smaller if you play the 1-4 H TF. Targets as shown in the chart. Happy pips!Shortby PA-FXUpdated 7
Descending triangleGetting in before the breakout of the descending triangle, the reason I get in before the actual breakout is to preserve the risk/reward ratio 1:3 by keeping stop loss at technically appropriate place. Stop loss is above last local high. Profit target is based upon the low on June 14th.Shortby Cherry94Updated 1
EUR/SEK 1H Chart: Falling wedge in sightThe Euro has been depreciating against the Swedish Krona since the end of August. This movement has been bounded in a falling wedge. The exchange rate reversed south from the upper wedge boundary at 10.41 at the end of October. Given that the currency pair is pressured by the 55-, 100– and 200-hour SMAs, it is expected that the pair aims for the lower boundary of given pattern located circa 10.26. However, this move might not be immediate and the pair could re-test the upper pattern line located near 10.36.by UnknownUnicorn8906902
EURSEK - Daily - Could be interestingTrade Alert It looks like we are getting closer to a braking point on EURSEK. The pair keeps holding on to its support zone at 10.288, which is proven to be an important level that is keeping the pair from breaking lower. At the same time, EURSEK is still trading below its short-term downside resistance line. That said, for us to get comfortable with much lower levels, we would need to see a break below 10.288 level, which could open the path towards much lower levels. On the upside, a break above the aforementioned downside resistance line and a close of the daily candle above the 10.435 barrier, could invite more bulls to the table an we could see the pair traveling higher. Always have your SL in place.by JFD_Research2
EURSEK -- CURRENT POSITION -- Been in this trade for about 8 weeks. Double Top with RSI Divergence. I need it to break 10.29073 and the .618 fibonacci resistance. Shortby lostamerica143