USDDKK Long
Direction: - On the H4 USDDKK was in a Bullish OrderFlow.
- It entered the H4/H1 liquidity area.
Entry: - W (Double Bottom) Pattern formation on both the H1 & M15
- RSI crossed the Signal Line (Shark-fin) on the H1 & M15, indicating a probable rise in the pair.
- RSI was near the 32 on the H1 & M15, indicating the pair was oversold.
- I entered once the candle moved and closed above the 13 EMA, on the M15.
Exit: - 22 pip SL @ just below YL (Yesterday's Low), as it is a resistance point.
- 29 pip TP @ 200 EMA, as it is a resistance point.
Direction: - On the H4 USDDKK was in a Bullish OrderFlow.
- It entered the H4/H1 liquidity area.
Entry: - W (Double Bottom) Pattern formation on both the H1 & M15
- RSI crossed the Signal Line (Shark-fin) on the H1 & M15, indicating a probable rise in the pair.
- RSI was near the 32 on the H1 & M15, indicating the pair was oversold.
- I entered once the candle moved and closed above the 13 EMA, on the M15.
Exit: - 22 pip SL @ just below YL (Yesterday's Low), as it is a resistance point.
- 29 pip TP @ 200 EMA, as it is a resistance point.