📈 Overview from Weekly Time Frame
USDSEK is stalling at a key weekly support zone, showing signs of rejection from the downside. This level has acted as a reliable demand zone in the past.
📊 Daily Chart Explanation
Price has broken the internal bearish structure and is now holding firmly above the 14EMA. Recent candles are showing bullish momentum, indicating buyers are gaining control.
⏱ 4H Chart Explanation
The 4H timeframe confirms the shift — price broke above the weekly support zone and now maintains above the 50EMA. Structure has clearly shifted bullish with higher highs and higher lows forming.
📌 Plan
Bias: Bullish
Entry: On retracement to 4H discounted zone (look for price action confirmation)
Targets: Recent high or 1R
Invalidation: Break back below 4H 50EMA and recent higher low
USDSEK is stalling at a key weekly support zone, showing signs of rejection from the downside. This level has acted as a reliable demand zone in the past.
📊 Daily Chart Explanation
Price has broken the internal bearish structure and is now holding firmly above the 14EMA. Recent candles are showing bullish momentum, indicating buyers are gaining control.
⏱ 4H Chart Explanation
The 4H timeframe confirms the shift — price broke above the weekly support zone and now maintains above the 50EMA. Structure has clearly shifted bullish with higher highs and higher lows forming.
📌 Plan
Bias: Bullish
Entry: On retracement to 4H discounted zone (look for price action confirmation)
Targets: Recent high or 1R
Invalidation: Break back below 4H 50EMA and recent higher low
Nota
I missed the initial entry. Let see if my limit get trigger.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.