U.S. Dollar / Danish Krone
Short
Updated

๐Ÿ†• USDDKK: CURVE ANALYSIS (3W) ๐Ÿ†•

103
(DOWNTREND, BASED ON THE 3W CHART)

SLO2 @ 7.7108 โณ
SLO1 @ 7.5331 โณ
TP1 @ 7.1950 ๐Ÿ’ฐ
SLO3 @ 7.0436 โณ (suggested by TEMASHA) ๐Ÿ‘ˆ๐Ÿฝ
TP2 @ 6.9100 ๐Ÿ’ฐ (New SSO add-on) ๐Ÿ‘ˆ๐Ÿฝ
TP3 @ 6.7015 ๐Ÿ’ฐ
TP4 @ 6.3782
BLO1 @ 6.3005 โณ
BLO2 @ 6.1119 โณ
-SL @ 6.0231 ๐Ÿšซ (aggressive)
-SL @ 5.9331 ๐Ÿšซ (moderate)
-SL @ 5.7777 ๐Ÿšซ (conservative)

ADDITIONAL INFO:
๐Ÿ“ˆ If PA continues to pullback to the upside, we may get another opportunity to catch this SLO suggested by TEMASHA @ 7.0436

๐Ÿ“‰ Now that PA has triggered our TP2, I'm going to use it as an opportunity to place an SSO add-on

๐Ÿ”‘
-SL = STOP LOSS
BLO = BUY LIMIT ORDER
SLO = SELL LIMIT ORDER
TP = TAKE PROFIT

This is a Long-Term Time Frame trade (1 week to 1 year):

โ€” Shows the big picture, revealing major trends and economic factors.

โ€” Less volatile, price movements are slower and smoother.

โ€” Suitable for long-term trend trading and position trading.

โ€” Requires less frequent monitoring but may offer fewer trading opportunities.
Note
snapshot
Based on a Lower Time Frame 9H Chart

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