albert.callisto
Long

USDDKK - Long trade idea for next week

FX_IDC:USDDKK   US DOLLAR / DANISH KRONE
15 0 1
On 4H, USDDKK             oscillates between two main parallel trends since 3th December 2015. PA is currently under the cloud but just bounced on a layer of supporting lines. We may now except an attempt to reach the Kijun with a weakening Danish Krone. If Kijun is broken, PA may attempt to traverse the cloud which would be the first strong sign of a bullish trend .

In case of cloud traversal, the main trigger will be the level 6.906 which in case of a break by the lagging span (and bullish Ichimoku signals) would open the doors for a long trade.
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