Sweden in bad shape...
Aktualisiert
Here we are tracking a round of macro prints from Sweden, with markets already heavily betting against the Riksbank's forward guidance I expect continuation of the same flows.
On the technical side, a break of the recent channel we have been tracking will be enough to trigger the capital outflows as SEK bulls begin to cover and fast money accounts re-price the topside.
Targets come into play at 10.780x while reassessment is necessary below 10.760x. For the trigger, we will use a break out to the topside in the channel.
Good luck all those trading the Swedish news flow today.
On the technical side, a break of the recent channel we have been tracking will be enough to trigger the capital outflows as SEK bulls begin to cover and fast money accounts re-price the topside.
Targets come into play at 10.780x while reassessment is necessary below 10.760x. For the trigger, we will use a break out to the topside in the channel.
Good luck all those trading the Swedish news flow today.
Anmerkung
No break... yet...Trade ist aktiv
and we got the break...stops comfortably at 10.64xAnmerkung
Trade geschlossen: Ziel wurde erreicht
A flawless call from the breakout...well done those who caught the momentum move.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.