IvanLabrie
Long

USDNOK: Still range bound

FX:USDNOK   U.S. Dollar/Norwegian Krone
USDNOK             is giving a good chance to enter longs aiming for the Brexit key level above, which is now acting as a magnetic level, pulling price towards it.
The recent drop bottomed and turned around, breaking back above the daily low of the Brexit day, which now serves as a good level to hide our stops and gives us an excuse to go long on dips, or at market if not in it.
We also see that the yearly SMA (252 periods) sits right where the Brexit level does, so it's logical to observe 'mean reversion' here. This trade is a good one to have while holding oil             longs too.

Good luck,

Ivan Labrie.
Comment: Move stop to entry price if in, or exit.
Comment: I banked, and bought back on this drop:



Notice the green triangle apex in my original chart, that was a good buy level.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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