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Mar 8, 2015 6:07 PM

USDNOK(Daily). Breaking out. Long

U.S. Dollar/Norwegian KroneFXCM

Description

USDNOK(Daily). Breaking out.

Breaking the 3 month triangle consolidation range.
Breaking the 7 year Channel, 127.2%.
Diagonal resistance line must be cleared(confirmation).
Retracement possible.

Daily RSI broke out from falling geometry, at 68, facing some horizontal resistance.
Weekly RSI looking strong.
Comments
HexVex
Yes. Well done! I'm looking for a dip to the 50DMA for another buy.
aeryan
well done
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