Sweden in bad shape...
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.
Nota
No break... yet...Operación activa
and we got the break...stops comfortably at 10.64xNota
Operación cerrada: objetivo alcanzado
A flawless call from the breakout...well done those who caught the momentum move.
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.