USDSEK going to 11.4-12.3 ?!?!?!

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Hey folks!

And... No, this is not a joke.

Here´s my USDSEK chart which I did for fun, I hope you can learn or gain something from it.

This Monthly chart is giving me THREE reasons to believe theres a good probability USDSEK will reach stated TARGET, as long as we stay above current Black Support Line.

The Three Reasons:

1: Orange --- Overhead Resistance has been broken and support on it has been established. When this happened in the past, USDSEK made it´s way back to the top of the channel.


2: Purple --- Where is the 5th Wave?
Waves is only showing me 4 waves done, now, as for myself I´m used to something finishing with either 3 or 5 Waves and therfore The Bearish Three Drive looks promising.


3: Blue/Red --- Simple Support/Resistance Analyzes showing us how the price reacted at important locations and what it led to.

Feel free to express your thoughts..
I warmly welcome your comments and criticism, I hope I can learn something from you too!
Заметка
I Expect Target to be reached 2020-2022
Заметка
Possible Cup and Handle, (Blue Figure) Also giving us a target around 12.5
снимок
Chart PatternsTrend AnalysisWave Analysis

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