EurNok showing weakness after a strong move up.

Short

Euro / Norwegian Krone (FX:EURNOK)

Updated

FX:EURNOK Euro / Norwegian Krone

Support and Resistance Trend Lines Multiple Time Frame Analysis

supportandresistance trendline mtfa

EURNOK
Entry Price: 9.513
Stop loss: 9.543
Take Profit: 9.405

Trade closed: stop reached

Comment:

We have a second entry.
Entry price: 9.575
Stop loss: 9.63
Take Profit: 9.415
If price hits our stop loss our market sentiment will shift to bullish.

snapshot

Trade active:

Price is now at 1R. Stop losses can be moved to break even.

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