USDSEK long term buyLook at the chart: there's a skewed H&S pattern, long term trend line (support), and bullish pressure visible on MACD.
Switch to lower time frame and buy gradually starting from current pullback. Target is @9.15 (strong support/resistance level which held multiple times during past years).
Good luck.
SEKUSD trade ideas
USDSEK ForecastIt's been some time since we checked on this one. It looks bearish.
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Khiwe
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
USDSEK Lower Highs On The Daily Chart, Weekly Chart, H4 ChartLower Highs are pushing into trend line support. Wait for confirming price action signal like a pin bar for an entry. Lower Highs are present on the Daily, Weekly Chart, and H4 Chart.
EMA 10 EMA 20 are pointing downwards on the time frames mentioned.
USDSEK: nice daily LONG oppportunityHi Traders,
This is my view on this cross for the next few days.
#USDSEK
Waiting for the price to break 8.6, which is a very important MONTHLY resistance.
As it will become support we can go long on the retest
BUY 8.6
SL 8.426
TP 8.94
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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