USD/DKK: TIME TO GO LONG!

50
As we can see from the chart above there are clear signals of buy opportunities:
- Two Bullish pin bar after four bearish pin bars
- RSI 14 looks almost oversold

My suggestion is waiting for a confirmation bullish candle after the bullish pin bar and then going long.

A wise decision would be to split the trade into two parts:
1st part: setting a target price towards the broken support
2nd part: waiting and see -> if the broken support has become a resistance = go short OR if it breaks above the support = go long
Remember to put a stop loss in order to secure your capital!

Not a financial advice.
Enjoy your trade!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.