albert.callisto
Long

EURNOK - RSI divergence for long trade

FX:EURNOK   Euro Fx/Norwegian Krone
36 0 4
The EURNOK             pair is supported by level 9.445. This support combined with the RSI divergence suggests that we may see a bullish phase towards 9.6 then 9.7.

For a long trade, we may either wait for a small retracement towards the support area or directly launch the long. Stop loss would be just below the support area , though beware of wicks and higher spread on such pair.
Trade active: Entry @ 9.43529
Trade closed: stop reached
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