USD / 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.
Do 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...
Confluences:
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...
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 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
Quite 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
ANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGMENT ➖TRADE :
directional bias
IMPORTANT INFORMATION:📌
* ORDER FLOW: bearish
* DAY OF THE WEEK:Friday
* PROJECTED TP : $$
* PROJECTED SL: 🌚
whats up master traders! welcome to another trade idea with Genius Chart. If you like what you see and it helps you ,please support our work by writing a comment and...
Midterm 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...
Midterm 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...
This 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...
