I've been looking to this chart for a long time now, and we may find a good risk/reward short entry on that currency.
On the right
----------------
SEK is now very close to bounce at least on monthly support.
On the left
--------------
Between EUR/SEK and USD/SEK, I prefer USD/SEK where we can find a good short entry in the following days.
***
Short from 8.13610
Stop Above 8/1 Gan fan lines 8.19
Multiple Targets at fibonacci retracements level. (double digits Risk/Reward - You can be more loose on the stop loss).
Improve:
It's maybe not the most optimal pair to short vs dollar so you may find a better strong/weak pair on other exotics. Do you researchs.
On the right
----------------
SEK is now very close to bounce at least on monthly support.
On the left
--------------
Between EUR/SEK and USD/SEK, I prefer USD/SEK where we can find a good short entry in the following days.
***
Short from 8.13610
Stop Above 8/1 Gan fan lines 8.19
Multiple Targets at fibonacci retracements level. (double digits Risk/Reward - You can be more loose on the stop loss).
Improve:
It's maybe not the most optimal pair to short vs dollar so you may find a better strong/weak pair on other exotics. Do you researchs.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.