USD/SEK: engulfing pattern

Hello traders!

- NEW SUPPORT was formed
- BULLISH ENGULFING PATTERN appeared on the 11st of June
- MACD reversal

TARGET can be set in proximity of the 3 Fibonacci Levels, drawn thanks to FIBONACCI EXTENSIONS TOOL.
Please, notice that the 61.8 FIBONACCI LEVEL coincides with the RESISTANCE

Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!