USDSEK - Looking for a bullish turn soon
There are a few factors I'm watching here:
A. The 23.6% Fib support at 6.43792, which coincides with
B. TL support, which also happens to be
C. A key piece of the Gartley being formed
Price is nearing the apex of the triangle its currently trading in, and risk for longs is clearly defined at these levels: below that trendline on a daily close, and price could see 6.3050 again easily. I wouldn't be surprised to see price bounce inside the triangle for a little bit more before breaking out, but the support levels we are currently near are very important and offer great opportunities to go long. For those with a long-term approach, the Gartley pattern would target nearly 6.8900.
A. The 23.6% Fib support at 6.43792, which coincides with
B. TL support, which also happens to be
C. A key piece of the Gartley being formed
Price is nearing the apex of the triangle its currently trading in, and risk for longs is clearly defined at these levels: below that trendline on a daily close, and price could see 6.3050 again easily. I wouldn't be surprised to see price bounce inside the triangle for a little bit more before breaking out, but the support levels we are currently near are very important and offer great opportunities to go long. For those with a long-term approach, the Gartley pattern would target nearly 6.8900.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.