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U.S. Dollar / Danish Krone

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USDDKK: Double buy opportunity on 1D/1W.The pair is on a strong long term Channel Up on 1W (RSI = 56.469, MACD = 0.047) trading on its Higher Low zone (Highs/Lows = 0.0000). Naturally, 1D is now neutral (RSI = 51.144, Highs/Lows = 0.0000), trading on its own Channel Up Higher Low, pricing a break upwards. The latter gives a buy signal with TP = 6.7000 (Higher High). The 1W Channel Up gives a buy signal if the H/H sequence on the lower resisting trend line (~6.72100) breaks upwards (TP = 6.87400). ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Long
by InvestingScope
USDKK Going for a Bearish Shark Pattern 1 hour to Bullish 5-0.Great bearish shark pattern happening for the USDKK 1 hour chart. This harmonic chart pattern will likely complete as it is just about there. Once in a short, looking to take profits at the 38.2 and 61.8, however, this pattern can morph into a Bullish 5-0 pattern at the 50% profit fib level, so will be watching price in the fifty level. It could bounce hard there and will exit and go long, or it will continue down. So all in max short at the red area then possibly exit short and all in max buy at the 50% level to complete the Bullish 5-0 Pattern.
Short
by JackDale
1