U.S. Dollar / Danish Krone
Long
Updated

๐Ÿ”„ USDDKK: CURVE ANALYSIS (1D) ๐Ÿ”„

66
SLO2 @ 7.1123 โณ
SLO1 @ 7.0592 โณ
TP5 @ 7.0450
TP4 @ 7.0000
TP3 @ 6.9355 ๐Ÿ’ฐ
TP2 @ 6.8733 ๐Ÿ’ฐ
TP1 @ 6.7830 ๐Ÿ’ฐ
BLO1 @ 6.6910 ๐Ÿ“ˆ
BLO2 @ 6.6345 โณ

๐Ÿค‘ If this uptrend continues to hold then we have some nice money to make AGAIN
Note
๐Ÿ†• USDDKK: CURVE ANALYSIS ๐Ÿ†•

(Based on the 18H Chart)

๐Ÿ”ฅ GET READY ๐Ÿ”ฅ GET READY ๐Ÿ”ฅ GET READY ๐Ÿ”ฅ GET READY ๐Ÿ”ฅ

TP5 @ 6.9415
TP4 @ 6.9300
TP3 @ 6.8915
TP2 @ 6.8720
TP1 @ 6.8433
BLO1 @ 6.8150 โณ
BLO2 @ 6.7975 โณ

ADDITIONAL INFO:
๐Ÿ“‰ There is the probability of Price Action tanking from a mid pivot Resistance Level @ 6.8720

๐Ÿ“ˆ If so, it could be a hard push back to the downside

๐Ÿ“‰ This is a drop of around +570 pips BEFORE we would enter our Buy positions

โš ๏ธ RISK TAKERS can place a SLO @ 6.8685 and a SSO @ 6.8645 โš ๏ธ

This is an Intermediate Time Frame trade (4 hours to 6 day):

โ€” Offers a clearer picture of the underlying trend compared to short-term frames.

โ€” Provides more opportunities for confirmation signals and technical analysis.

โ€” Allows for more flexible trading schedules, trades can be held overnight.

โ€” Suitable for swing traders and some positional traders.

๐Ÿ”‘
BLO = BUY LIMIT ORDER
DT = DOWNTREND
PB = PULLBACK
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT

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