harveygoldfx

Danish Krona-Singapore Dollar DKKSGD

SAXO:DKKSGD   Danish Krone/Singapore Dollar
Perfect Elliot wave cycle in the downward trend. Weekly resistance is good to check or D1 trades. The pair is at a strong Support level . However law alternation on wave four not fully followed. I take this to be a picture perfect cycle regardless. The proportions of corrective structure within the downtrend are near perfect. I project a push away from this support followed by a retest of this level and continuation to C. For best look for >3 days of divergence on rsi 21 on the h1. This would be a good swing trade

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.