38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
DKKGBP trade ideas
GBPDKK Big Buy Setup!!Hello Traders!
This is my first post for this exotic pair. It has broken out of a triangle and price has managed to hold up top. the few candles circled are a perfect indication that this trend is healthy and may continue. Forget the 1.27 Ext for first target, just shoot for the 1.618 as this seems very probable and like the best option for a first TP.
The setup is for demonstration purposes only. The entries should be taken on th 4hr TF or lower, ideally on the 1hr or 15min chart for a R/R upwards of 10/1.
You could enter on price action before the break, add positions after the break, whatever floats your boat.
done correctly, 1% risk may get you 10%. 2% may get you 20%. 5% risk will make you half your account or more. Please proper trade and risk management for the best results.
I may start posting trading videos on Youtube explaining a bit of the thoughts behind the trades and the process to improving as a trader. Please like and comment if you'd want to see them come out. It'll be some great content thats helped me in the last 2+ yrs
GBPDKK 240 sell setup.Hi traders,
Keep an eye on this one. Looks like a down move in a 3 wave move, inside of a longer term wave move, so the move is a very reliable one to speculate upon.
Best regards,
Tom_Killick
gbp/dkk possible break out long next weeksgbp could have more strength in the next weeks and break a double resistance
GBPDKK watching for a breakoutHi guys,
Keep an eye on this one for a breakout. Looks like a final wave up into consolidation, so breaking out could start an impulse to the downside.
Thank you for your support.
