Expect of rising .This pair has a -100% correlation with EURUSD , we got a re accumulation here just like EURUSD's re distribution , i'm confidently bullish on this pair .
USDDKK trade ideas
USDDKK: Technical analysis. Hello traders,
Wave C is supposed to materialise towards the support zone at 6.27668. Then the Uptrend is supposed to resume towards the resistance zone at 6.35484.
Thanks.
double top continuationpossible short.expect the price to continue falling for the completion of M formation
USDDKK 19 MAY 2021 1151 hrsGoing to see if this key support holds for a counter trend trade or a full reversal.
Targets as per.
USD/DKK Ichimoku Cloud AnalysisLong positions above 6.2120 with targets at 6.3350 & 6.5200 in extension.
Pivot: 6.2120
Comments: Chikou breakout, tenkan kijun cross, kumo cloud twist
DKK wait for confirmationUSD / DKK is overall bearish trading within the green channel. On the 4 hour we have 3 touches on the yellow trendline and we are approaching the daily upper trendline. Let's see if we get a fourth touch on the trendline otherwise wait for a momentum candle under the red line.
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".
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 Short Having the US dollar weaken of the passed couple days, we most definitely will see
the EURO and the currencies that Peggie off the EU, will gain on the US dollars.
TP 1: 6.14990
TP 2: 6.13690
TP 3: 6.11490
As we have seen with ZAR strengthen against the US dollar.
USDDKK buy set up USDDKK BULL prive movement prediction ready i believe that .
usdsgd mine own perspective so what's your consideration on the price movement please comment in the below section ?
I believe that. So what is your expectations in comment below.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
Long USDDKKQuite sometime hasn't update and share trading plan! Setting up a long on USDDKK around current level with stop below recent key support and targeting at least a retest of at least 6.16 level
USDDKK_FURTHER CONFIRMATION REQUIREDlooking foreword to H&S continuation. Further confirmation required.
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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There is a possibility of the beginning an uptrend in USDDKKMidterm forecast:
While the price is above the support 6.04400, beginning of uptrend is expected.
We make sure when the resistance at 6.09700 breaks.
If the support at 6.04400 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 45.
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There is a possibility of the beginning an uptrend in USDDKKMidterm forecast:
While the price is above the support 6.04400, beginning of uptrend is expected.
We make sure when the resistance at 6.09700 breaks.
If the support at 6.04400 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis:
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
Relative strength index (RSI) is 45.
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
CLEARER PERSPECTIVE ON USD/DKK FROM THE DAILY TIMEFRAMEThis is a continuation of the previous post, make sure to check it out before continuing with this one.
Looking at USD/DKK from the daily timeframe, in order for us to go long and potentially see USD/DKK being bullish for the long term. We need to see a clean break of the trendline and removal of this recent supply zone, if all that happens it will validate our zone and we'll long to buy upon the retest of that demand zone.
LONG TERM PROJECTION OF USD/DKKThe market is currently trading very low in the curve,there is a high chance that the monhtly demand will take control and start pushing price higher. i will post a follow up of the daily chart to show where i will be looking to take potential long positions
Long is expected1. The white line is the weekly support line, which the price could make a double bottom pattern on it.
2. The price could break the YELLOW LINE which is 1H downtrend line. this line has been retested too after being broken.
3. the time to get into a long position is when the price crosses the GREEN LINE as the important 4H resistance line. the more safe time is waiting until a retest.
don't forget the confirmation.
good luck.
