Action point reached!!A strong resistance here time for shorting this pair, if prices show bearish pattern.Shortby PA-FXUpdated 118
EURSEK@Bat PatternI think it's a good deal. Reasonable stop loss Trend line is a good reasonby Louis.Luo4
EURSEK Bulls are backTraders, We've had a perfect Hammer candle after a retracement to the 0.5 level. We had a great impulse leg before that shows us the price is moving up! This could be a very nice oppertunnity. Best regards,Longby TimBrentUpdated 2
Possible Head and Shoulders pattern, minor bearish biasI opened 0,5 trade unit EURSEK short today. As you might have seen on my Twitter feed, I have been watching it for few days. - Ichimoku setup is more neutral. Kumo shades price ahead, price is below Kijun and Tenkan/Kijun is weak bearish. - Price retraced to Kijun from Kumo, but has failed to break above 9,50 key supp/res for last 5 trading days. - Heikin-Ashi candle is small red today but with still both upper and lower wicks. haDelta/SMA3 is below zero now. haOscillator is ticking lower. -> not yet decisive, no real bearish momentum, just initial bearish bias. - High probability to develop a Head and Shoulders patter, but as all patterns this needs confirmation too. Basically we need a break below 9,41 neckline. Then possible tgt comes ard 9,20. Market has some bias, but the setup has not yet confirmed. For this reason I opened only 0,5 trade unit today at 9,47, with a wider initial stop at 9,5550. This provides a better expected Risk/Reward, but still not much outright nominal risk. Looking to add below 9,41, and trail stop for the full size later. Shortby Kumowizard227
FX00102 - EURSEK - Rebound of Fib 38%Made a helathy profit following this pairs bullish uptrend, but the pair sold off on the 2-Aug, probably due to profit taking at 9.6000. Price has retraced back to the Fib 28% level and formed a perfect rounded bottom on the 1hr chart. I actually spotted this trade at 9.4855 but decided to wait for confirmation that price had broken the Daily 8EMA resistance. Still it offers a potential 3.5 x risk. Longby MrVolcanoUpdated 1
FX00102 - EURSEK - Rebound of Fib 38%Made a helathy profit following this pairs bullish uptrend, but the pair sold off on the 2-Aug, probably due to profit taking at 9.6000. Price has retraced back to the Fib 28% level and formed a perfect rounded bottom on the 1hr chart. I actually spotted this trade at 9.4855 but decided to wait for confirmation that price had broken the Daily 8EMA resistance. Still it offers a potential 3.5 x risk. Longby MrVolcanoUpdated 2
EURSEK - Short from Market topThe pair that nicely shown reversal from market top, wait for right shoulder to be form.Shortby ForexTradeReview8
EURSEK market top?another interesting setup right now is the EURSEK after is has moved into the 9.6 and faked the previous high. The 20 SMA broke afterwards with a strong momentum candle but price bounce off the trendline and demand cluster. The signal here will be a confirmed break of the trendline. To the downside there are a few potential short targets.by Tradeciety119
eursek sell opportunity but be carefulThe SEK has weakened sharply on Brexit and housing market concerns. However, valuations and growth are supportive for the SEK medium term.Positioning and technicals suggest this is a good time to buy SEK. Entry level: 9.5960 Target: 9.3000 Stop-loss: 9.7600Shortby FOREXACCOUNTMANAGER4
#EURSEK-Update: Bull Momentum At Resistance, In The MoneyPair has moved well since I last posted (See related ideas) well done to my exclusive signals group members who got this move with me. We are in a comfortable profit and holding. Hope you had a tested trading strategy to catch this move. For more information in joining my professional signals group or professional online trading tuition, Message me directly on Trading view or email me with the email address on my Trading view profileby TomProTrader4
#EURSEK: Bull Momentum At Resistance, Time To Break Out?A nice morning star right up at the historical resistance, on the sideways support line suggests we are likely to break structure to the upside. The morning star under resistance shows investors could be ignoring the level- with ambition to take the price to the highs of the range. For more information in joining my professional signals group or professional online trading tuition, Message me directly on Trading view or email me with the email address on my Trading view profileLongby TomProTrader5
reversal coming?the daily inner trendline makes for a great reversal point on the h4. looking to see what the indicators do in the meantime.Shortby MaikPaluga1
#EURSEK: Opportunity To Buy!The pair had downtrend then bulls were in creating small impulse then we had small bear correction forming base now bulls back in for continuation move. Hope you have a tested trading strategy to trade this move when it starts. For more information in joining my professional signals group or professional online trading tuition, Message me directly on Trading view or email me with the email address on my Trading view profile page Twitter: Tomkillick1 Email: T.killick182@gmail.com Skype: Tom.killick182 Longby TomProTrader3