USDDKK trade ideas
USDDKK: Bullish long term.USDDKK has been trading within a long term 1M Channel Up (RSI = 58.922, MACD = 1310.970, ADX = 34.063) since May 2018. Since late June it has developed a smaller Channel Up on 1W which is on its Higher Low zone (RSI = 51.590, MACD = 253.410, Highs/Lows = 0.0000) hence an optimal short term buy entry. The target is 6.90000.
If however the price breaks below the 1D MA50, the pair will most likely pull even lower in order to make a Higher Low on the 1M Channel Up and touch the 1D MA200. That will be a long term buy entry.
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USDDKK, US Dollar / Swedish Krone - Forex Strategy considerationFX_IDC:USDDKK
Forex is the most technical market of all in which discipline is even more important, and patience is extremely necessary to be able to wait for a trend to start.
In our strategies in this market the % probability of a trade being realized is about 40 times out of 100, and the average Risk Reward is 3 times out of the loss.
Price expected to remain between 2 trendlines : Buy in DipsWe have simple technical set-up here , which suggests looking for long opportunity in dips and also have potention to sell near top of range.. Overall Bullish structure.
USDDKK BEARISH SHARKFOREXCOM:USDDKK Formed a bearish shark pattern. RSI is very overbought. It could reach 38.2% as first target or 61.8% as second target
USDDKK is in SELL ZONE!The price made a fake break of Key Level 6.71645.
We can open Sell in Zone at the time.
Potential profit will be in 3 times bigger than risk.
UsdDkk StructureNice structure for a short on the daily. The support levels represent the take profits..
USDDKK is in the Sell ZoneWe can open Sell in Zone at the time.
Potential profit will be in 3 times bigger than risk.
USDDKK bounced from Mirror LevelWe can open Sell now, because the price is bounced from Mirror Level 6.64477. Potential profit will be in 3...5 times bigger than risk.
USDDKK, Prece is near SELL ZONEThe price is near Sell Zone. Probably will move down with a little pullback.
long USDDKK Greetings here we have what we call a textbook setup (Pure price action) we are going to enter on counter trendline breaks bullish on the 60 min chart
NOTE: big spread on this pair so EQUITY management is key
peace
Captain price over ( laugh if you know call of duty MW4 )
USDDDK Short biasWelcome to everyone.
Usdddk just validated the daily supply and being ready for downtrend. In shortly we will see good drop.
Happy Trading.
