Hi friends,
An interesting opportunity is forming now on EURSEK daily chart. If current range could be broken up, and we get a push to range of level 8.65-9.00 we might get there an amazing sell opportunity!!!
How we should sell there? Getting combination of weekly hidden divergence and daily regular/continuing divergence.
The move that will happen from there will take us back to the trend line, as you can see on the chart (click to enlarge):
So from my point of view, there is yet a room for some bulls, but the bearish control will be absolute soon.
Good luck
P.S- if you are not sure what I am talking about with all divergence types, make sure to follow my posts as very soon the best thing about divergence is coming.
Vladimir Ribakov
www.vladimirforexsignals.com