Jump n FallDo you like Head and Shoulders pattern, wolves?🔥
Here it is, guys!
Today we have h&s pattern on USDDKK on a big frame.
There was a strong bearish movement before then price entered into correction. Price has drawn h&s at the top of this correction and now it already broke support zone.
Possible retest of the new resistance zone is expected. However the price may fall without correction.
So follow the chart and wait for the best price to enter carefully.
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And always remember: "we don't predict, we react".
Usddkkshort
USDDKK massive swing tradeConfluences:
Daily time frame:
-Head and shoulder pattern formed (high probability trade setup)
-Price broke through a zone
-Pair has been in a downtrend (long-term)
-DXY is about to break 90 with the same head and shoulder pattern hence, waiting for a big drop
-Good risk reward, high probability, I love this setup
Side note: this pair is not a major but price action is price action :)
Feel free to tell me what you think!
USDDKK Is The purest dollarANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGMENT ➖TRADE :
directional bias
IMPORTANT INFORMATION:📌
* ORDER FLOW: bearish
* DAY OF THE WEEK:Friday
* PROJECTED TP : $$
* PROJECTED SL: 🌚
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Eur/Usd-Bullish falling wedge day/week/month (dxyBEAR)according to analysis shown Eur/Usd possibly broke falling wedge bullishly, correlating w/ 1.10 psychological area. + we see a possible double bottom rejecting same price. breaking trendlines left & right. pink like shows possible TP area. please feel free to comment and add to. Thank you for your time.