KeTrader

EURSEK SHORT (WEEKLY) - correction of earlier long idea

Viés de baixa
FX:EURSEK   Euro FX/Coroa Sueca
I had given a vague head and shoulders pattern that suggested a long that was visible on the daily chart. The stochastic indicator which usually affirms the directional bias in some cases for me was not in agreement. So I had to dig deeper rather than just relying on the said vague head and shoulder and am convinced EURSEK will go down to 9.33 BEFORE trending LONG.

The exact pattern (completed pattern) can be found on the EURJPY weekly chart. The fib ratios are the same, the difference is that the pattern on the EURJPY is inverted.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.