SELL SELL SELL - LOW RISK TRADESHORT TRADE :
Entry : SELL @ 6.7730
Target : 6.6300
Stop : 6.8335
Risk Level : LOW
RR ratio : 1:3
USDDKK trade ideas
USDDKK - Long trade idea for next weekOn 4H, USDDKK oscillates between two main parallel trends since 3th December 2015. PA is currently under the cloud but just bounced on a layer of supporting lines. We may now except an attempt to reach the Kijun with a weakening Danish Krone. If Kijun is broken, PA may attempt to traverse the cloud which would be the first strong sign of a bullish trend.
In case of cloud traversal, the main trigger will be the level 6.906 which in case of a break by the lagging span (and bullish Ichimoku signals) would open the doors for a long trade.
New Harmonic Pattern for USDDKK Bearish White SwanGood time to all! The currency pair DKK / USD shows weakness in the past few days this Friday 5-6-2015 reached resistance zone R3 and swarming around an upper limit, reaching a downward channel.
I suggest the possibility of a small rise for now level 6.74200 down to the level of 6.6500 and from there to fall to further down the line.
