FX:EURNOK   Euro / Norwegian Krone
A really nice 1:1 AB=CD pattern was just completed on EURNOK 4h.
The only "warning" is the "fast" fall down to the D-point = Tight SL.
RSI is oversold as well but the more restrictive can wait for it to break up over 20 (or 30 for those who use that).
The risk is that you miss a large part of the movement. As always - your plan and what you have tested is what determines how you should
take a trade.

For that reason, that is according to My plan in these conditions, I only place 1 position in this case - ie. half the risk of a "normal" trade with 2 positions.
Henrik Siverhall
Pattern Trading Sverige

Är du intresserad av våra utbildningar - "PTSE - en komplett trading utbildning".

Sveriges största FB grupp för nybörjare


Nice call Henri!!
nice chart my friend!
please look my chart ,
i will show u the money !
if u can,follow me .
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