Traders,
UPDATE: EURSEK gradually seeing gentle turn around. Will see more bulls soon, causing aggressive rally.
Bullish demand seen on the retracement of the bull impulse leg. There is strong a strong Fibonacci confluence support level implying there is a hidden support here, which is a reliable launch pad for a rally. Nice rounded bottom after the impulse, expecting nice shift of demand from bears to bulls, before a move to the upside, probably in the form of a 3 wave impulse move.
I hope you have a tested trading strategy to trade this move when it starts
UPDATE: EURSEK gradually seeing gentle turn around. Will see more bulls soon, causing aggressive rally.
Bullish demand seen on the retracement of the bull impulse leg. There is strong a strong Fibonacci confluence support level implying there is a hidden support here, which is a reliable launch pad for a rally. Nice rounded bottom after the impulse, expecting nice shift of demand from bears to bulls, before a move to the upside, probably in the form of a 3 wave impulse move.
I hope you have a tested trading strategy to trade this move when it starts
