USDSEK has now retraced 61,8% of the last move up and on 4H timeframe we have a nice hammer. Now we need follow-up to confirm a possible bottom at current level.
In that matter, we should have a nice risk/reward for a trade.
Trade-setup (long):
Entry: 8,42-8,44
Stop loss if we close below 8,40 on a daily timeframe.
Target is set to 8,54.
Play safe!
In that matter, we should have a nice risk/reward for a trade.
Trade-setup (long):
Entry: 8,42-8,44
Stop loss if we close below 8,40 on a daily timeframe.
Target is set to 8,54.
Play safe!
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