Just broke trend-resistance, bu needs more momentum in order to comply with normal divergence indicating uptrend is coming.
First part of the plan is completed. Break of trend-resistance, but awaits momentum in order for a break of major resistance and FIB-levels
At the moment SEKDKK seems to be heading for a test of a very old support level and a more recent resistance level combined with FIB-level. MACD indicates reversal, but price action has not confirmed yet. Awaits more confirmation for a change in trend before going long.
Have been fighting with EMA15 on 1W chart earlier on. MACD-level loosing steam on 1D chart but still under 0. 4H just closed outside downtrend resistance. Would wait for a break of EMA180 at 1D and 4H chart.
Possible long position after breakout of downtrend resistance. Wait for confirmation that a pullback stay above new trend-support
Key level of support in trend-channel as well as previously known resistance that could act as support now. Important that it confirms reversal from downtrend before going in.
Formation not yet finished, but indication of head and shoulder pattern.
AMBU_b expected pullback. Trade have to wait for breakout of pullback-trendline.