USDDKK trade ideas
Double trade!Message me to learn 1 to 1!
DKKUSD 1D Tf
DKKUSD has made a double and now is expected to breakdown from the lower support trendline,
However there is a great divergence below thus a long entry can be taken aswell if a clear reversal is seen,
Keep SL previous resistance with TGT at the previous consolidation zone!
Possible Pips-0.007
RR-4.5
Reversal Trade!USDDKK 15 Minute TF
FEEL FREE TO MESSAGE ME IF YOU’D LIKE TO WORK WITH ME!
It is a in a slow uptrend and has been consolidating at the bottom since some time now,
A Reversal should be seen now, with a breakout of the 200 day MA,
A BULLISH RSI Divergence can also be seen!
A SL at the previous can be set, with the TGT as the top of the trendline, and exit if rejection is seen!
RR-2.5
Possible pips-0.07
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 54.
❤️ 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 ❤️