jvaledon

USDNOK Testing Support. Long Trade

Long
FX:USDNOK   U.S. Dollar/Norwegian Krone
I have placed a buy stop order on USDNOK after seeing a bullish pin bar formed on support on the 8 hour chart. I also saw an inverted hammer candle form on the Daily chart on Friday and although my entry is later than what I wanted I am still bullish on this pair. Today ended bullish as well giving more confluence to my bullish bias.
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