USDDKK trade ideas
USDDKK Buy SignalPattern: Channel Up on 1M.
Signal: Bullish as the price is on the Higher Low zone of the Channel Up, supported by the 1D MA200.
Target: 6.8500 (just below the 1W Resistance) and if the 1W R breaks 6.9300 (projected Higher High).
USDDKK LONG. Doji Formed at SupportA doji formed on the Daily chart for USDDKK. I will be going long on this pair and I will be targeting previous resistance.
USDDKK SHORT TRADE. After that inverted hammer formed on the Daily chart on the 25th, today the pair closed bearish so I am shorting this pair and targeting previous support.
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
USDDKK LONG. Rejecting Daily Support LevelThe USDDKK chart is now at support and testing it on the Daily chart. This level also happens to be a 50 FIB level as well. Going down to the 1 hour chart we see a bullish pin bar formed at this level. I will be going long and I will be targeting previous resistance as my take profit.
BUY Potential on USDDKKWait for the BUY signal on USDDKK as the price approach the 0.68 on FIB.
wait for it and ride it back up.
USDDKK as a proxy to EURUSDSometimes this pair provides more accurate wave structures to benchmark against EURUSD major.
According to my structure, it should reverse shortly. Indicating that EURUSD is likely to take off.
USDDKK LONG TRADE. DOJI FORMED AT SUPPORT>Here we have a nice DOJI candle formed on the Daily timeframe at support. I will be going Long and targeting previous resistance. About a nice 2:1 RR trade.
USDDKK is ready for longAs we see in Upward Trend, after correction now we can see double bottom pattern and RSI divergence and decreasing of volume. this reasons is enough to me to enter long now.
feel free to ask questions
Thank you for reading and leave your comments if you like.
USDDKK. DOJI formed at support. Going LONGSimple price action. Doji formed at support. Going Long and targeting previous resistance for a good 2:1 RR trade.
USDDKK TGT practice 30 OCT 2019 1802hrsChannel tgt practice and wave identification/projection.
always volume dependent
Hypothetical/Practice**
USDDKK SHORT continuation level commingLowerLow Breaks Uptrend, wating LowerHigh confirmation for big short in swing
