Kumowizard

TP on half of shorts. Look for sell signal at 9,38-9,40

FX:EURNOK   Euro Fx/Norwegian Krone
33 0 5
As goes the Oil             .... goes the NOK             (more or less).

- Daily trend is bearish , and Weekly HA structure also suggests the pair has chance to continue lower towards 9,03-9,09.
- However short term I see wave exhaustion signal on daily: haDelta/SMA3 already signalled yesterday minor momentum drop. Today candle confirms start of consolidation/pull back above 9,25 resistance. Candle has both upper and lower wicks, haDelta moved more up.
- I recommend to take profit on half of short positions. Doha w/e, and as I wrote yesterday, WTI and Brent oil             started a pull back too.
- Bearish support is 9,38-9,41 area, looking to re-sell there.

United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out