Swedish Krona - Just above long term support.
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
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SEK is now very close to bounce at least on monthly support.
On the left
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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.