infbp22

USDDKK: Long opportunity

Panjang
OANDA:USDDKK   Dolar A.S. / Krone Denmark
For some reason it won't let me draw trend lines on the RSI band. Looking to play off the bullish divergence established on the daily. There is decent support at the green line, which offers a good risk to reward. The overall trend is still downward, so I only plan to trade within the FIBS and take profits before the .382 or dead cat zone. Even if this range, the trade should still yield nice profits, as the final target is still over 1%. Don't get greedy without a take profit or trailing stop, it could easily knife back down at strong resistance.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.