Hey folks!
And... No, this is not a joke.
Here´s my USDSEK chart which I did for fun, I hope you can learn or gain something from it.
This Monthly chart is giving me THREE reasons to believe theres a good probability USDSEK will reach stated TARGET, as long as we stay above current Black Support Line.
The Three Reasons:
1: Orange --- Overhead Resistance has been broken and support on it has been established. When this happened in the past, USDSEK made it´s way back to the top of the channel.
2: Purple --- Where is the 5th Wave?
Waves is only showing me 4 waves done, now, as for myself I´m used to something finishing with either 3 or 5 Waves and therfore The Bearish Three Drive looks promising.
3: Blue/Red --- Simple Support/Resistance Analyzes showing us how the price reacted at important locations and what it led to.
Feel free to express your thoughts..
I warmly welcome your comments and criticism, I hope I can learn something from you too!
And... No, this is not a joke.
Here´s my USDSEK chart which I did for fun, I hope you can learn or gain something from it.
This Monthly chart is giving me THREE reasons to believe theres a good probability USDSEK will reach stated TARGET, as long as we stay above current Black Support Line.
The Three Reasons:
1: Orange --- Overhead Resistance has been broken and support on it has been established. When this happened in the past, USDSEK made it´s way back to the top of the channel.
2: Purple --- Where is the 5th Wave?
Waves is only showing me 4 waves done, now, as for myself I´m used to something finishing with either 3 or 5 Waves and therfore The Bearish Three Drive looks promising.
3: Blue/Red --- Simple Support/Resistance Analyzes showing us how the price reacted at important locations and what it led to.
Feel free to express your thoughts..
I warmly welcome your comments and criticism, I hope I can learn something from you too!
Nota
I Expect Target to be reached 2020-2022Nota
Possible Cup and Handle, (Blue Figure) Also giving us a target around 12.5
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.