WK21, USDCHF, long ideaTwo ascending support trend lines with an increasing angle. Looking for a 3rd touch of the second trend line to confirm support. IF there is a upward break of the price range - 6.912 -> 6.9325 AND there is a retracement and retest of the upper area of the price range THEN look for buy opportunity. Targets TBCLongby JST94fx0
USD/DKK. Waitng Current prices are cumulative in many models. The large model is a triangle, the second model is a parallel price channel, and the smaller of the parallel price model is the rising flag pattern. USD / DKK will have 2 rising scenarios. 1 is to exit the accumulation area and go up, then test the exit area and increase again. 2 is the price will return to test the demand area and then turn up and break to go up.by DucVinhNguyen5
USDDKK SHORTGood morning traders, this currency pair is currently in a descending channel so I expect it to sell for few easy pips, we do have a clear rejection of higher prices and a doji bar forming on the current trend line on the 2h chart. My stop is at 6.9165 and TP at 6.85. always do your own research before placing a trade. Shortby DMartin-1
USD DKK ForexAs we trade I think the mane thing to understand is to not stray away from our main strategies. Something I learned in the very beginning of trading was support and resistance and I remember my brother telling me to get into a trade on the one two three rule. Here we can see this will be the potential third time USD DKK will hit this respectable resistance. It has hit it about 5 times in the past leading to great shorting opportunities. I do not see why it would not do the same again here. I have my stop loss placed and I may have entered this trade a bit too early but since it has breaker through recent support I believe we could be in for some huge profit. From my posts I have been all over the place and thinking about where to place trades but it always led me to being very indecisive. So I decided to not enter into too many but try my best charting them. But for this, I feel quite confident on. Hopefully we can gain some solid profit on this currency pair and prepare for next week. ~JS Shortby MasterChef23Updated 5
USDDKK Short Trade - Limit Entry 6.93Stop Loss = 6.955 / Take Profit = 6.855 > Coupled with a 1% risk and 3% reward. Once the trade reaches a 1:1 point move SL in front of the entry to protect the downside. If it takes you out we can always re enter at another opportunity. As the trade progresses i will comment every change to show you how i make to maximize profits. Remember Risk/Reward is the key, we will take losses along the way but overall profit in the long run. If you enjoy follow and like my ideas and if you have questions message me. Keep Chasing that Paper!!!Shortby PaperChaser12Updated 117
USDDKK ForexDouble top formation is confirmed, this currency should fall hard. Which also means EUR USD should be good to long. Thats what I think at least. If this does not fall I will be surprised but at the end of the day this is all just probability you can only do so much. Let me know if this would be considered a confirmed double top in the comments down below. ~JS Message me if you have questions.Shortby MasterChef23113
USDDKK ForexAlright you guys, were back. Going to be shorting this trade, we can see the double top and now is the site of entry. Get in quick!Shortby MasterChef236
USDDKK 08 MAY 2020 1433 hrs (4 hr TGT practice)Wide range. Looking for volume information off of support or resistance.Fishing from the edges of the lake, not the center. Look for springs below support look for upthrusts above resistance Dont knwo what a spring or upthrust is? Refer to Richard Wyckoff and Tom Williams. * Target practice*by dee7187
USD DKK Bearish SetupUSDDKK, Bearish setup -expected to be bumpy downwards so monitoring will be required. If price rises to break above the dsl line then the setup will be invalid.Shortby UnknownUnicorn1460716
USDDKK ForexThis is a formation of a double bottom I believe, still not too sure. What is frustrating about this trade is that I placed and entry order to long this trade at 6.80240 and for some reason it has been triggered.... And now it is saying I am down 170 pips? Not sure why, it even says on oanda that the USDDKK is at 6.78504. Its very frustrating to see and I am not sure what to do. Please let me know in the comments if I did something wrong. Other than that I believe this was a formation of a double bottom and could possibly trend upwards.Longby MasterChef235
USD DKK ForexI think we are seeing a formation of an ascending triangle. This could be a break out or easily fall in the other direction. gonna keep watch on this trade and try to sit on it for a while.Longby MasterChef234
USD DKK ForexHmmmm, it did form an ascending wedge, my guess is that this should crash down, not sure when. We can easily see that it did break its support causing it to become the new resistance. My guess is that it will try to make a final push towards its new resistance and than shoot right back down. Maybe now would be a good time to try to long this trade and transition into shorting it for a solid day. We will see at the end of the day it is all probability right? ~JSby MasterChef23112
USDDKK triangleThis is what I think about the technical imagine. I am not responsible for poorly executed trading. Thank you for looking!Longby Adamgers5
USDDKK Short set upUSDDKK is at a strong resistance level and im expecting a fall to a nearby support zone...…..it is in an uptrend so our tp 1 will be @ 6.85785 Tp 2 and 3 are open Shortby Dev57776
usd/dkk short opportunity we have a bearish structure, with weakening momentum and strong resistance zone. short.Shortby Friendtrand4
USDDKK SHORT POSITIONIT MIGHT HIT THE TP AFTER FEW WEEKS.WAIT FOR BREAKING THE TRENDLINEShortby alQapon3
USDDKKMan I gotta stay focused and not guess which trades will do well. I would definitely wait this trade out no guarantee if it should be longed or shorted. we will soon in the next couple of hours.by MasterChef235
USDDKK FOREXIve been really iffy on this trade, but hopefully I can long it over night and make some decent profit from it. By the way happy easter everyone!Longby MasterChef235