This Week I'll do nothing!This is 1 of 2 of my ideas for this week but I will be folding my hands because my trading style requires atleast 3 trades.
Key stats
Volume
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Previous close
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Open
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Day's range
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Not so convincing! But LongOverall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits. You should be careful with this one.
EURDKK on a range trading 🦐EURDKK is moving in a range within a descending channel.
If the market will break below the support area we can set a nice short order according to Plancton's strategy.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue str
The Danish government on culling minksThe pair will continue to move higher in the following days towards a major resistance line. Countries are isolating Denmark following reports that around 15,000 minks in the US have died due to COVID-19. Meanwhile, the Danish government proposed to cull 15 million minks in the country as fears of m
The eurozone lost 5.1 million jobs throughout the pandemicThe previous three months saw employment fall by 2.9 percent, and its official second-quarter GDP figure showed an 11.8 percent decline in the same period. These figures are prompted to push the euro lower against the Danish krone as its 50-day moving average continues to tumble lower than its 200-d
The eurozone lost 5.1 million jobs throughout the pandemicThe previous three months saw employment fall by 2.9 percent, and its official second-quarter GDP figure showed an 11.8 percent decline in the same period. These figures are prompted to push the euro lower against the Danish krone as its 50-day moving average continues to tumble lower than its 200-d
EURDKK Sell SignalPattern: Channel Down on 1D.
Signal: Sell as the price was rejected on the 1D MA50 (blue trend-line) after making a Lower High on the Channel Down. The MACD is starting to reverse.
Target: 7.43700 (-0.21% decline from the Lower High).
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EUR/DKK will continue its downward movement in the coming weeksThe pair will continue its downward movement in the coming weeks. Brussels unleashed data from several reports this week. On Tuesday, July 28, one of Europe’s most hard-hit countries of COVID-19 released its Q2 unemployment rate. The figure came in at 15.33%. On the following day, it posted its reta
EUR/DKK LongOnce the price will break the resistance and retest it, we can look for a long position.
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