SteveNixon
Short

Dollar Krona Forecast November 2017

FX:USDSEK   US-Dollar / Schwedische Krone
64 0 11
If one of the Dollar pairs goes short they'll all go. All these pairs are making the same basic structure which in all probability will go short once the 4th wave on DXY             is complete. From current prices it may well be a good trade to go short as price may well push through the current corrective trend and put in a 5th wave. Once that whole move is complete I expect the dollar to climb up in a B wave

I'll update my ideas as they develop
First rule of trading - Protect you capital

Any one trying to learn Elliott Wave Theory can find a FREE comprehensive Building Blocks video course on my website. See my profile for the link.

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Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve Nixon
Kommentar: Possible movement over the next few months
Kommentar: This is tracing the slow push up of the dollar but continues to look short. The higher it goes the bigger short trade we will get. It can continue on up for a while yet
so wait for break down confirmation and entry set up.
Kommentar: Finally we've had the short movement - there is probably more to come as the dollar carves out it's 5th wave
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