SEKUSD trade ideas
USD SEKthis pair has been trending bearish for a time now and broke trouhg previous suport now resistance, what i am looking for now is a pull back to the resistance zone and a price action confirmation for a sell. this trade gets invalid if price breaks trough the resistance trend line with a confirmed retest.
USD/SEX (13.04.2020): Falso Rompimiento.El precio rompió el soporte pero al parecer es un falso rompimiento, pues la EMA 4 cruza claramente de abajo hacia arriba en tendencia alcista a la EMA 50.
USDSEK Short ?Shorting USDSEK as i'm seeing several rejections and possible end of the uptrend, let me know your thoughts :)
U.S. DOLLAR / SWEDISH KRONA (USDSEK) Monthly, Weekly, DailyTrades made when the monthly, weekly and daily arrows are pointing in the same direction
are the most profitable.
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is
Continuation Head and Shoulders PatternAfter price broke the trendline we can see a sideways drifting market. I'll be looking to go short once price breaks below the key support level. The head and shoulders pattern is a confluence factor that price might continue to the downside.
USDSEK MOVED AS ANTICIPATED WHAT'S NEXT?Hello Traders
Here is my view on USDSEK.
Price haas pulled back to resistance turned support after new higher high. This indicate trend
continuation however price is still bearish. We want to see price losing momentum as it
approach support zone. What we will be doing? We will be monitoring price action on 4hr and we
will take the entry only when the price satisfy our entry rules.
USDSEK🇺🇸🇸🇪More updates, buying after bullish setup is printed on support zone
@Inverse HEAD & SHOULDER pattern
@EQ.DISTANT CHANNEL
USDSEK HEAD AND SHOULDERUSDSEK has h4 broken h&s neckline, currently on pullback to neckline SUPPORT. But this for bullish rallies 🇺🇸🇸🇪
USD/SEK short opportunityat the moment we have :
bearish structure ✔
bearish pattern ✔
strong resistance zone at the neck ✔
= short 📉
USDSEK- possibilities monitoring price action for possible sells, prefer to wait till US session, or maybe even mid week. Patience.....
USDSEK LongWe are in a crisis. USD safe haven currency alongside the JPY and the worlds reserve currency. SEK heavily exposed to oil and European economy (which is in an even bigger crisis then the rest of the world).
Price seems to have found a nice support here.
2 Time frame DIVERGENCE analysis USDSEKNOW IS THE TIME TO BE TRADING! Alot of pairs will be making reversal plays, which will make great entries to hop on board & bring in profits for us over the next few weeks. I've marked key areas on the Daily for direction & on the 15 for entry.
Pretty much any SHORT entry over the next few days should see profit. The Daily chart is in an uptrend so price will eventually find a large area of support, allowing price to retest the top. It may even break the top, as price is at an all time high. A 50% pullback to the 8.00000 area is surely possible. However, if a new high is to be made, price will need to hold above the 8.88000 area. I'll be expecting the Daily trend (RED ASCENDING LINE) to be broken before a retest of the high. We saw a very bearish move from the high, signaling that the new all time high is a weak one.
I have Bollinger Bands set at .382. I use the 1HR or 15min chart for entries. When price closes 5 candles in a row above or below the bands, then passes the high of that move, I enter. Ideally, I like to enter long if the bollinger band is above the 300EMA OR short if the opposite is true. Price & the bollinger bands above the 300 & the 300 above the 600 signals power in that direction.
Exit is at the previous breakout area (from the opposite direction) or a higher timeframe resistance or support.
