GBP/SEK: Q3 + Q4 trade with huge potential - don't miss this!
Dear Traders all around the world!
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This is more of a mid-term trade as we are using the weekly chart. A short-term analysis will follow shortly after publication of this analysis.
GBP/SEK respected our bullish OB and closed last weeks candle with a rejection formation while hitting the 3D 200-EMA to the pip.
As for now we are watching for a solid weekly close above 11.9486. Updates on HTF confirmations like daily and 3-day will follow.
While expecting a run to 2015 levels by EOY as liquidity remains above 2016 yearly-highthis is a solid 11.0 R/R trade.
EQ: Equilibrium
POC: Point of Control
HTF: High-time-frame
LTF: Low-time-frame
R/R: Risk/Return
Feel free to leave a like and a follow not to miss any of my trades:)
This is more of a mid-term trade as we are using the weekly chart. A short-term analysis will follow shortly after publication of this analysis.
GBP/SEK respected our bullish OB and closed last weeks candle with a rejection formation while hitting the 3D 200-EMA to the pip.
As for now we are watching for a solid weekly close above 11.9486. Updates on HTF confirmations like daily and 3-day will follow.
While expecting a run to 2015 levels by EOY as liquidity remains above 2016 yearly-highthis is a solid 11.0 R/R trade.
EQ: Equilibrium
POC: Point of Control
HTF: High-time-frame
LTF: Low-time-frame
R/R: Risk/Return