CHFDKK - Ascending Channel pattern.CHFDKK has formed Ascending channel. Stop Loss and Buystop has been marked.
SWISS FRANC / DANISH KRONE
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Trade ideas
CHFDKK CHFDKK we use here a harmonic tool name (AB=CD) . in this we see a bullish trend with no divergence . and we analyze that is should go to the (D) point . and at that point if the RSI shows diversions then its BEARISH Harmonic AB=CD pattern .and trend is reverse at that point .
CHFDKK BULLISH FLAGCHFDKK bullish flag printed in 1 hour time frame. LONG POSITON has been deployed as mentioned on charts.
LONG POSITION
ENTRY: 7.5683
STOPLOSS: 7.5152
TP 1: 7.6214
TP 2: 7.6745
LOT SIZE: 0.12
RR: 1:1
RR: 1:2
CHFDKK-1HR-TF- BULLISH FLAGThe bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend. The price action consolidates within the two parallel trend lines in the opposite direction of the uptrend, before breaking out and continuing the uptrend. No sign of divergence so, we can easily rely on continuation pattren. Dow theory and reversal pattren will not play their role.
BUY STOP VALUES:
EP: 7.5571
SL: 7.5185
TP1 = 7.5957
TP2 = 7.6343
CHFDKK BULLISHCHFDKK BULLISH in 1H TF creating higher highs & higher lows, we can take an entry using the trend line as drawn on the chart. The lot size will be 0.03 as per 1:1 risk on the $10000 account.
CHFDKK -BEARISH CHFDKK PAIR is printing LH and LLs with HARAMI INSIDE BEARISH BAR formation on LH 1HTF
CHF/DKK BullishCuurency pair is making inide bar at th correction phase,tends to have a long a position
Going short after possible new lower highFib. retracement was applied on a daily chart and new SnR levels were defined by rays
the chart is making new lower highs n lower lows
SL is placed on the previous lower high
TP is placed on the next Fib. levels
CHFDKKThe market is creating HH and HLS. The inverted hammer is also created and is at the Fib support can go up to touch the resistence.
Did the CHF reach the top here?The CHF has been increasing its value for a long time. How much more can the Swiss tolerate before it becomes difficult for them to sell their goods?
Check it OutWassup, wolves🔥
There is a ready to trade formation for you!
The price is slightly falling on a bigger frame.
It could be a good signal for bear-traders.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout.
However do not rush the trade and look for breakout.
There was a bearish fakeour already.
Follow the chart and look for the best price to enter carefully.
According to the situation on the market we do not predict price direction, we should react according to the breakout.
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And always remember: "we don't predict, we react".
The future of CHFDKKAs this develops keep an eye as i keep updating the chart if necessary. Thank you for your support traders.
CHFDKK: 1DPotential emerging Gartley/Butterfly pattern appearing on this chart. Francs are expected to appreciate against Danish Crowns.
CHFDKK a correction to the downside? 🦐CHFDKK on the weekly chart has been inside a channel for the whole uptrend.
Lately the market has lost the positive momentum and price broke the daily structure in blue and test twice the weekly structure in red.
If the market will manage to break below the weekly structure we can set a nice short order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
CHF/DKK06.04.2020
Hey Buddys, here my idea to CHF/DKK. H2-Chart. (You will all information in the Chart)
Importmant: Just my opinion no financial advice.
Thanks for all the support friends.
