GBPDKK trade ideas

InkyGrip

GBPDKK has moved inside a discending channel. Price created a double bottom before starting an impulse. Now the price is breaking the structure and the channel, after a retrace till the 0.382 fib level is created a new impulse to the upside. At the retest of the structure we can set a nice long order according with our strategy. ––––– Follow the Shrimp 🦐 Here is...

rapidrunners

The Great British Pound, Danish Krone (GBP/DKK) fell to its lowest level on Monday 27th July which marked the bottom for July ‘20 ahead of Denmark’s retail sales figures for June, which rose from 5.2% to 6.6%. Despite this the Danish Krone weakened against the pound throughout the remainder of last week and is now testing twin monthly and weekly resistance at...

InkyGrip

The market after breaking the discending trendline has break above the lower resistance and retest it Price now is pushing up to break the 2nd structure in hh hl move. If the candle will close above the structure we can set a nice long order according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below...

rizmalik

We can expect GBP to rise to 8.3 mark by mid july 2020 as markets are opening and we are going back to the normal life.

DMartin-

Good afternoon all, One of my possible entries today on GBP/DKK. 1. Price has formed a rejection on the resistance line with a Divergence. 2. The 4H candle shows a bearish engulfing pattern 3. The market is in a range so could be traded in this tight consolidation Please always carry out your own analysis and be sure of using proper risk management. This is...

rizmalik

Possible move for GBP against DKK since the economy is returning back

07:31

gwinfx

WHERE IS ACCURATE ENTRY FOR GBPDK? PS. BEST THANK YOU IS TO SHARE IT WITH FRIENDS...

NkunaFannie

Hi I see an ICI strategy here.

rizmalik

Possible move for GBP/DKK since Lockdown is lifting a little it will give a possible support to GBP as soon the transactions will flow in the banks.

rizmalik

Target achieved maybe a good place to position pending buy & hold for next move

rizmalik

Markets are manipulating keep watching GBP has should have a strong outcome but we also keep in mind Brexit is right outside COVID's door step

sabri2003

GBPDKK maintains its stability, keeping the upside scenario current and effective for today.

lostamerica14

Short

GWAVE

38.2% & 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.

rizmalik

Target Achieved for Danish Karoner, Waiting to see the next market move as USD demand is currently low there is a strong possibility that price reach 8.9 for GBP/DKK

Joe_Damien

SELL GBP/DKK: The Elliott wave cycle is completed, the price is in a downward movement we are expecting the price to continue its direction towards the mentioned target profit: Stop Loss: 8.5600. Entry Point: 8.5020. Target Profit: 8.2380. Do not hesitate any question for clarification. Good Luck!

GWAVE

38.2% & 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.

rizmalik

A possible mid term target