Traders, we have a set up on EUR/SEK on the 3H chart, with a cycle pattern buy. (Three drivers pattern).
When analyzing this chart, I discovered that price appears to be moving in patterns. Price has an impulse leg, and then has a corrective leg, and then has a new impulse leg that measures the same size as the previous one.
When analyzing the chart, I started by measuring the first impulse, I discovered that the price correction seemed to hit a Fibonacci retracement , there was a new impulse le…