USDSEK: Last chance to go long

3 Şub 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 Şub 2017

Not

Good confirmation of a bottom so far.

4 Şub 2017

Not

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 Şub 2017

Not

Looks perfect...crossing fingers.

7 Şub 2017

Not

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

13 Şub 2017

Not

Nothing to do here, hold.

14 Şub 2017

Not

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 Mar 2017

Not

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 Mar 2017

İşlem aktif

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