This pair has been falling like a ton of bricks the whole of last week. I have a feeling this could change now, because:
- the area around 7.1800 has been a solid S/R zone for this entire year.
- The 200 dma is nearby too and could act as dynamic support.
However, I do need to see some evidence of bullish strength before I commit to a trade. For this is I will be...
At 30 minutes time frame, we have an untouched green cloud that I have specified in the chart ... the price will definitely return to this range
This is my personal opinion. Please do not trade based on my analysis and data.
The Dollar index topped 96.00 last week and is now retracing. The bulls can potentially push price higher again if price can stay above the higher low at 95.51.
In this video, I've also added USDDKK which is a positively correlating currency pair. Take look and be sure you're following me here on Tradingview and Youtube(SLFX Trading).
Have a safe trading week.
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
Buying USDDKK from the monthly Support which also resonates with the weekly and daily support level
this also being in harmony with the DXY index
Given we were already in an uptrend on the monthly and weekly time frame
hence waiting for price rejections at that given level to get a confirmation to go Long on the given pair
Buying USDDKK from the monthly Support which also resonates with the weekly and daily support level
this also being in harmony with the DXY index
Given we were already in an uptrend on the monthly and weekly time frame
hence waiting for price rejections at that given level to get a confirmation to go Long on the given pair
Hello Friends! I hope "USDDKK" will go Short 'UP' and touch R1 then some correction. After her correction, it will touch R2 and R3.
Are you have any questions, suggestions, or feedback? Then write on comment or privet chat. If you need any help, info, or analysis. Then knock me without any hesitation.
....Thank you...
Hello Friends! I hope "USDDKK" will go Long 'Buy' position and touch R1 then some correction. After her correction, it will touch R2 and R3.
Trade_ID: #B20000276
USDDKK - Buy
=> Entry Price: 6.35081
=> Stop Loss: 6.22492
=> Take Profit1: 6.50394
=> Take Profit2: Open
You will take only 1-2% risk for all running entry
You will try to give an alert when need to...
As we can see from the chart above there are clear signals of buy opportunities:
- Two Bullish pin bar after four bearish pin bars
- RSI 14 looks almost oversold
My suggestion is waiting for a confirmation bullish candle after the bullish pin bar and then going long.
A wise decision would be to split the trade into two parts:
1st part: setting a target price...
As we see in Upward Trend, after correction now we can see double bottom pattern and RSI divergence and decreasing of volume. this reasons is enough to me to enter long now.
feel free to ask questions
Thank you for reading and leave your comments if you like.
I'm pretty strong believer that we are going to see a third touch on the upper trend line. It does feel like it has found support already on the 55MA and 10EMA, but be aware it might go down and touch the bottom support, before going up.
