USDSEK Buy Signal
Pattern: Channel Up on 1M.
Signal: Bullish as the price is near the Higher High zone. Also every time the price broke below the 1D MA50, it always stayed supported above the previous low, which delivered a rebound to a new Higher High.
Target: 10.04400 (+0.73% from last Higher High) and 10.20000 in extension (+8.00% as per the increase that the last bounce on a Double Bottom delivered).
* See how well this pattern worked last time:
Signal: Bullish as the price is near the Higher High zone. Also every time the price broke below the 1D MA50, it always stayed supported above the previous low, which delivered a rebound to a new Higher High.
Target: 10.04400 (+0.73% from last Higher High) and 10.20000 in extension (+8.00% as per the increase that the last bounce on a Double Bottom delivered).
* See how well this pattern worked last time:
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