TomProTrader

#GBPNOK: Bears Active, Downside Target To Be Seen!

FX_IDC:GBPNOK   BRITISH POUND / NORWEGIAN KRONE
26 0 4
Traders,

After bearish impulse, the pair has offered a small wave retracement. Nice resistance on the 50 moving average and bearish candles at the retracement and resistance suggests downside will be seen. Expecting a downside move to Fibonacci extension targets, there is confluence at the bottom of the range, which is where the 3 wave target move is. Good 3 wave short opportunity to the Fibonacci extension confluences, makes geometric             sense.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out