Wave-Trader
Short

GBPNOK short term trade setup and longer term forecast as well

FX_IDC:GBPNOK   POUND STERLING / NORWEGIAN KRONE
1035 7 48
This is a short term sell setup on 4hrs time frame based on trend continuation pattern.

Detailed longer term forecast has been posted on YouTube please search it by this name

( GBPNOK             Trade setup and forecast dated 21 August 2016 )


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Comment: Reversal pattern forming watching for sell setup closely. Here is the update.

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Comment: Sell breakdown on strong sell pressure. Remember corrective patterns may extend its ranges therefore use reasonable stop loss.
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Comment: Here we got the corrective trend continuation pattern.
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Comment: bottom has been violated watching for price action.
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can i sell now bro plz answer me
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Thank u sir
Reply
Same question..
+1 Reply
yes but structure helps me much better way mate
Reply
arshadd Wave-Trader
Thanks
Reply
hi, do you use any Indicator like macd,ma cross, stoch RSI while making a decision ? Thanks ! !
+1 Reply
Wave-Trader PRO Wave-Expert
yes but structure helps me much better way mate
+2 Reply
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