SEK/EUR Trend reversal

22 Şub 2023

We can see a bullish divergence on daily timeframe. The downtrend has been broken, as the price broke above the major resistance line which can be a possible trend change. The blue path shows potential progression. If the price retests previous resistance and confirms it as a support it would be a confirmation for bulls and the long position can be taken.

Take profit and final target are shown on the chart-

7 Mar 2023

İşlem aktif

Pullback after successful breakout. Now the price is ready for a move towards the take profit zone