USDSEK: Last chance to go long

3 בפבר׳ 2017

USDSEK has traced a sharp decline, correcting the recent breakout. Now it appears to have bottomed against a low volume support level, so we can start to go long here. You can buy gradually over 5 days, or risk buying when price breaks above a previous day high, with stop at the lowest low here.
If we happen to break down and move past 8.5479, I would be tempted to assume that the long term dollar uptrend is failing, and we can expect a massive selloff in the dollar accross the board.

Good luck,

Ivan Labrie.

3 בפבר׳ 2017

הערה

Good confirmation of a bottom so far.

4 בפבר׳ 2017

הערה

Despite the up and down action, it's still holding. I like EURSEK a bit more than this now but both should be bottoming here I think.

6 בפבר׳ 2017

הערה

Looks perfect...crossing fingers.

7 בפבר׳ 2017

הערה

9,22 should be hit soon. Let it cruise.

13 בפבר׳ 2017

הערה

Nothing to do here, hold.

14 בפבר׳ 2017

הערה

4h traders are in control of the trend currently. Once we get a consolidation in the daily, we can form a larger daily signal, but not for now.

3 במרץ 2017

הערה

I'd be careful here. Either exit, or hedge dollar exposure if long. A GBPUSD or AUDUSD long is attractive. Risk 1-3 average ranges down in the daily.

28 במרץ 2017

עסקה פעילה

It's been following the trayectory I had outlined. You could reenter the long trade here.