Kumowizard

Hold short, trail stop, approaching first tgt

Short
FX:EURNOK   Euro / Norwegian Krone
5
Price is below Kijun Sen on both weekly and daily time frames. All indicators are healthy bearish on daily.

Heikin-Ashi price action is firm bearish with quite a good momentum.

Hold short until further signal. Initial bearish px tgt is getting close at 9,05+. There you can reduce and take profit on half of position.
Trail stop down to 9,39.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.