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peterbokma

USDNOK-BUY strategy Daily chart

Long
U.S. Dollar/Norwegian Krone (FX:USDNOK)  
peterbokma  
FX:USDNOK   U.S. Dollar/Norwegian Krone
Trend Analysis Technical Indicators Gann
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trendanalysis indicator gann
Slowly the case is building for a move upwards into the 10.3000-10.4500 case.
The reason being, we are supported by GANN support 9.9700 area (on a closing basis), and strong DC support near 9.8400. The stochastic is reluctantly POS and th RSI is not as yet.

Strategy is BUY @ 9.9800-10.0400 range and place a stop-loss below 9.8400. The profit objective @ 10.3700.
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