SpilakJ

GBPNOK rotation, double bottom to long

Long
FX_IDC:GBPNOK   BRITISH POUND / NORWEGIAN KRONE
I'm checking the situation on GBPNOK for few weeks and things are finally happening. I see a nice opportunity from weekly and monthly timeframes to end that descending triangle and break out from it back to the bullmarket, lower timeframes just confirms that! I'll wait for singnal to buy in that green reaction zone and specially on level 11.5621 which got the biggest volume. If something interesting will happen, my stop loss would be 11.4297, so i think we'll go up next week probably from saturday, but without a right reaction on levels there's no trade so be parioent and stick to the plan! Wish u good luck!
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